Deutsche Pfandbriefbank AG, commonly known as pbb Deutsche Pfandbriefbank, is a leading specialist bank headquartered in Munich, Germany. Established in 2009, pbb has quickly positioned itself as a key player in the European real estate finance sector, focusing primarily on commercial property financing and public investment loans. With a strong presence in major operational regions across Germany and the UK, pbb offers a unique range of core products, including Pfandbrief bonds and tailored financing solutions. The bank is renowned for its expertise in structured finance, which sets it apart in a competitive market. Notable achievements include a robust market position as one of the top issuers of Pfandbrief in Europe, reflecting its commitment to stability and innovation in the financial services industry.
How does Deutsche Pfandbriefbank'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.
Mean score of companies in the Financial Intermediation 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.
Deutsche Pfandbriefbank's score of 40 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Deutsche Pfandbriefbank reported total carbon emissions of approximately 42,576,000 kg CO2e. The emissions data for 2023 indicates that the bank's Scope 2 emissions amounted to about 100,000 kg CO2e, with an additional 195,000 kg CO2e attributed to Scope 3 emissions related to capital goods. In 2022, the bank's total emissions were approximately 723,000 kg CO2e, with Scope 1 emissions at about 374,000 kg CO2e, Scope 2 emissions at approximately 9,000 kg CO2e, and Scope 3 emissions from business travel and purchased goods and services contributing 333,000 kg CO2e. Deutsche Pfandbriefbank has set ambitious reduction targets for its emissions. By the end of 2030, the bank aims to reduce its Scope 1 emissions, primarily from its vehicle fleet, to 190 kg CO2e, representing a reduction of about 37.5%. For Scope 2 emissions, the target is to lower them to 5.3 kg CO2e, achieving a significant reduction of approximately 98.1%. Furthermore, the bank is committed to the Paris Climate Agreement, aiming to limit global warming to well below 2 degrees Celsius, ideally to 1.5 degrees Celsius, with a long-term perspective extending to 2050. Overall, Deutsche Pfandbriefbank is actively working towards reducing its carbon footprint and aligning its operations with global climate goals, demonstrating a commitment to sustainability and responsible banking practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 387,000 | 000,000 | 000,000 | - |
| Scope 2 | 7,000 | 0,000 | 0,000 | 000,000 |
| Scope 3 | 161,000 | 00,000 | 000,000 | 000,000 |
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 Pfandbriefbank 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.
