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 33 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Deutsche Genossenschafts Hypothekenbank's reported carbon emissions
In 2023, Deutsche Genossenschafts Hypothekenbank (DZHYP) reported total carbon emissions of approximately 1,005,000 kg CO2e in Germany, comprising 960,000 kg CO2e from Scope 1 emissions and 45,000 kg CO2e from Scope 2 emissions. This reflects a slight decrease from 2022, when total emissions were about 1,037,000 kg CO2e. DZHYP has set ambitious climate commitments, aiming for a 65% reduction in aggregated carbon emissions by 2030 compared to 2009 levels, with a long-term goal of achieving carbon neutrality by 2045. Notably, the DZ BANK Group, of which DZHYP is a subsidiary, has already achieved a 50.7% reduction in CO2 emissions from 2009 to 2018. The emissions data for DZHYP is cascaded from its parent organization, DZ BANK AG, which provides a broader context for its climate initiatives. DZHYP's commitment to sustainability aligns with industry standards and reflects a proactive approach to addressing climate change.
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| 2017 | 2018 | 2019 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 87,135 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 484,685 | - | 00,000 | 00,000 | 0,000,000 |
| Scope 3 | 4,400 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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 participating in any of the initiatives that 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.
