Dz Bank
DZ Bank AG, headquartered in Frankfurt, Germany, stands as a pivotal player in the European banking sector. Founded in 2001, it serves as the central institution for over 900 cooperative banks, primarily operating in Germany and across Europe. Specialising in corporate banking, investment services, and asset management, DZ Bank distinguishes itself through its commitment to cooperative principles and sustainable finance. With a robust portfolio that includes tailored financial solutions and innovative digital banking services, DZ Bank has solidified its market position as a trusted partner for businesses and individuals alike. Notable achievements include its strong capital base and consistent rankings among the top banks in Germany, reflecting its resilience and adaptability in a dynamic financial landscape.
DitchCarbon Score
How does Dz Bank'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 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.
Industry Benchmark
Dz Bank's score of 35 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Dz Bank's reported carbon emissions
In 2022, DZ Bank reported total carbon emissions of approximately 83.3 million tonnes CO2e. This figure includes about 20.8 million tonnes CO2e from Scope 1 emissions, around 7.7 million tonnes CO2e from Scope 2 emissions, and approximately 54.9 million tonnes CO2e from Scope 3 emissions, which encompass business travel, employee commuting, and purchased goods and services. Over the years, DZ Bank has shown a commitment to reducing its carbon footprint. In 2021, the bank's total emissions were about 67.9 million tonnes CO2e, indicating a significant increase in 2022. However, the bank has not publicly set specific reduction targets or initiatives as part of its climate commitments. DZ Bank's performance in climate-related disclosures has been assessed by the Carbon Disclosure Project (CDP), where it received a score of "C" in 2023, reflecting its ongoing efforts to improve transparency and accountability in its environmental impact. The bank continues to engage in various sustainability initiatives, although specific reduction targets have not been detailed in the available data.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 3,490,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 2,203,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 8,461,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Dz Bank is committed to some 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.
