Deutsche Genossenschafts Hypothekenbank
Deutsche Genossenschafts Hypothekenbank (DG Hyp) is a prominent player in the German real estate financing sector, headquartered in Düsseldorf, Germany. Established in 1923, DG Hyp has built a strong reputation for providing tailored mortgage solutions primarily for commercial real estate, including office buildings, retail spaces, and residential properties. With a focus on the cooperative banking model, DG Hyp offers unique financing products that cater to the specific needs of its clients, ensuring flexibility and competitive terms. The bank has achieved significant milestones over the decades, solidifying its position as a trusted partner in the industry. Known for its robust market presence, DG Hyp continues to excel in delivering innovative financial services, making it a key contributor to the German real estate market.
DitchCarbon Score
How does Deutsche Genossenschafts Hypothekenbank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Deutsche Genossenschafts Hypothekenbank's score of 30 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Deutsche Genossenschafts Hypothekenbank's reported carbon emissions
In 2023, Deutsche Genossenschafts Hypothekenbank reported total carbon emissions of approximately 2,087,000 kg CO2e. This figure includes 460,510 kg CO2e from Scope 2 emissions, while Scope 1 emissions were negligible at 0 kg CO2e. Notably, Scope 3 emissions accounted for a significant portion, totalling about 653,290,000 kg CO2e, with major contributions from purchased goods and services (38,000,000 kg CO2e) and business travel (1,118,501 kg CO2e). In 2022, the bank's total emissions were approximately 2,137,000 kg CO2e, with Scope 1 emissions at 1,082,000 kg CO2e and Scope 2 emissions at 45,000 kg CO2e. The Scope 3 emissions for that year were also substantial, reaching about 1,082,000 kg CO2e. The bank's emissions have fluctuated over the years, with a notable increase from 2,367,000 kg CO2e in 2021 to 2,137,000 kg CO2e in 2022, followed by a slight decrease to 2,087,000 kg CO2e in 2023. However, there are currently no specific reduction targets or climate pledges disclosed by Deutsche Genossenschafts Hypothekenbank, indicating a potential area for improvement in their climate commitments. Overall, while the bank has made strides in tracking its emissions across all scopes, the absence of formal reduction initiatives suggests a need for enhanced climate action strategies moving forward.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 871.35 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 2 | 484,685 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 44 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Deutsche Genossenschafts Hypothekenbank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
