Deutsche Genossenschafts Hypothekenbank
Deutsche Genossenschafts Hypothekenbank (DG Hyp) is a prominent player in the German real estate financing sector, headquartered in Düsseldorf. 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 German market and significant operations across Europe, DG Hyp offers unique products such as long-term fixed-rate loans and flexible financing options, catering to the diverse needs of its clients. The bank's commitment to cooperative principles and sustainable financing has positioned it as a trusted partner in the industry. Notable achievements include a robust portfolio and a strong market presence, making DG Hyp a key contributor to the real estate financing landscape in Germany and beyond.
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 67% 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 2.1 million tonnes CO2e. This figure includes 460,510 tonnes CO2e from Scope 2 emissions, primarily related to purchased electricity and heat, while Scope 3 emissions accounted for a significant 653.3 million tonnes CO2e, largely driven by purchased goods and services. Over the years, the bank has shown a trend of reducing its emissions. For instance, in 2022, total emissions were about 2.1 million tonnes CO2e, down from approximately 2.4 million tonnes CO2e in 2021. Notably, Scope 1 emissions have been reported as zero in 2023, indicating a potential shift in operational practices or energy sourcing. Despite these reductions, Deutsche Genossenschafts Hypothekenbank has not publicly committed to specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of formal climate pledges suggests that while the bank is actively monitoring and reporting its emissions, it may not yet have established comprehensive strategies for long-term carbon reduction.
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Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 2 | 2,600,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 5,500,000 | 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.
