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 53 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dz Bank's reported carbon emissions
In 2024, DZ Bank reported total carbon emissions of approximately 123,384,468,000 kg CO2e. This figure includes Scope 1 emissions of about 40,167,000 kg CO2e, Scope 2 emissions of approximately 58,711,000 kg CO2e (market-based), and a significant Scope 3 total of around 123,285,590,000 kg CO2e, which encompasses various categories such as investments, purchased goods and services, and employee commuting. DZ Bank has set ambitious climate commitments, aiming for carbon neutrality by 2045 across all scopes. Additionally, the bank is targeting net-zero emissions for its Scope 3 total by 2050, aligning with the Net-Zero Asset Owner Alliance. To support these goals, DZ Bank plans to establish binding interim targets regularly to ensure progress towards achieving climate neutrality by 2050. These commitments reflect DZ Bank's proactive approach to addressing climate change and reducing its carbon footprint, positioning itself as a responsible financial institution in the global market.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,803,000 | 0,000,000 | 00,000,000 | 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 | 00,000,000 |
| Scope 3 | 5,279,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000,000 |
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 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.
