Deutsche Pfandbriefbank

Deutsche Pfandbriefbank, a German financial intermediation services company, reported Scope 1 emissions of approximately 38,000 kg CO2e and Scope 3 emissions of approximately 326,000 kg CO2e for 2025. For 2023, the company's Scope 1 emissions were approximately 374,000 kg CO2e, Scope 2 market-based emissions were approximately 100,000 kg CO2e, and Scope 3 emissions totalled about 836,000 kg CO2e (including 195,000 kg CO2e from capital goods, 639,000 kg CO2e from business travel, and 2,000 kg CO2e from purchased goods and services). In 2022, Deutsche Pfandbriefbank's Scope 1 emissions were around 374,000 kg CO2e, Scope 2 market-based emissions were approximately 9,000 kg CO2e, and Scope 3 emissions were about 333,000 kg CO2e (including 330,000 kg CO2e from business travel and 3,000 kg CO2e from purchased goods and services).

Deutsche Pfandbriefbank is committed to reducing its operational emissions. The company aims to reduce Scope 1 emissions, primarily from its company car fleet, to 190,000 kg CO2e by the end of 2030, representing a 37.5% reduction from 2023 levels. For Scope 2 emissions, mainly due to energy consumption in office buildings, the target is a reduction to 5,300 kg CO2e by the end of 2030, a significant 98.1% reduction from 2023. The company also aligns with the Paris Agreement, targeting net-zero for Scope 1 and Scope 2 emissions by 2050 to limit global warming to well below 2 degrees Celsius, ideally 1.5 degrees Celsius.