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 45 is higher than 95% 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 reported total carbon emissions of approximately 2,087,000 kg CO2e. This figure includes 460,510 kg CO2e from Scope 2 emissions, primarily from purchased heat and electricity, while Scope 3 emissions accounted for a significant 653,290,000 kg CO2e, largely driven by business travel and purchased goods and services. The bank has made notable strides in reducing its carbon footprint. From 2009 to 2018, it achieved a 50.7% reduction in both Scope 1 and Scope 2 emissions. Looking ahead, Deutsche Genossenschafts Hypothekenbank has committed to a long-term target of reducing aggregated carbon emissions by at least 65% by 2030 compared to 2009 levels, with a goal of becoming climate-neutral by 2045. Additionally, the bank aims to reduce its overall emissions by 15% compared to 2012 levels by 2020. These commitments reflect the bank's dedication to sustainability and its proactive approach to addressing climate change within the financial sector.
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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 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.
