Dz Bank

Dz Bank's reported carbon emissions

DZ Bank's carbon footprint for 2025 was approximately 354.9 billion kg CO2e. This total comprises Scope 1 emissions of about 23.7 million kg CO2e, Scope 2 emissions of approximately 9.8 million kg CO2e (market-based), and substantial Scope 3 emissions of nearly 354.9 billion kg CO2e, with investments accounting for the vast majority. In 2024, DZ Bank reported total emissions of roughly 114.5 billion kg CO2e, consisting of about 23.1 million kg CO2e for Scope 1, approximately 9.4 million kg CO2e for Scope 2 (market-based), and nearly 114.4 billion kg CO2e for Scope 3, with investments being the largest contributor. The bank has set ambitious climate targets. All group entities are committed to becoming carbon-neutral by 2045 at the latest. Furthermore, DZ Bank aims to reduce its aggregate greenhouse gas emissions at the group level by 65 percent by 2030, using 2009 as the base year. This target applies to both Scope 1 and Scope 2 emissions. Separately, R+V has set a target to achieve net-zero greenhouse gas emissions from investments by 2050. DZ BANK also has a target to reduce the physical emissions intensity in the cement sector by 15 percent by 2030, compared to 2022 levels. In 2019, DZ Bank had already achieved a significant reduction, cutting its CO2 emissions by 51 percent compared to 2009.