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 1,000 cooperative banks, primarily operating across Germany and extending its reach into international markets. Specialising in corporate banking, investment services, and asset management, DZ Bank distinguishes itself through its commitment to cooperative principles and customer-centric solutions. The bank's robust portfolio includes tailored financial products that cater to both individual and institutional clients, enhancing its reputation for reliability and innovation. With a strong market position, DZ Bank has achieved notable milestones, including recognition for its sustainable finance initiatives. As a key player in the cooperative banking landscape, it continues to drive growth and stability within the industry.
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 38 is higher than 89% 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 83,343,160 kg CO2e, comprising 20,813,670 kg CO2e from Scope 1, 7,658,970 kg CO2e from Scope 2, and 54,870,510 kg CO2e from Scope 3 emissions. The bank's emissions from business travel alone accounted for a significant portion, at about 183,229,440 kg CO2e. Despite these figures, DZ Bank has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. Overall, while DZ Bank has made strides in reporting its emissions, the lack of defined reduction targets highlights an opportunity for the bank to strengthen its climate action framework and align with industry standards for sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 2,803,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 8,523,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,279,000 | 0,000,000 | 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 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.
