GLS Gemeinschaftsbank e.G.
GLS Gemeinschaftsbank e.G., headquartered in Germany, is a prominent player in the ethical banking sector, focusing on sustainable finance and social responsibility. Founded in 1974, the bank has established itself as a leader in providing financial services that align with ecological and social values, catering primarily to individuals, businesses, and organisations committed to sustainability. With a strong presence across Germany and expanding operations in Europe, GLS Gemeinschaftsbank offers a range of unique products, including green loans, ethical investment options, and community financing. The bank's commitment to transparency and social impact distinguishes it from traditional financial institutions, making it a preferred choice for those seeking to invest in a better future. Recognised for its pioneering approach, GLS Gemeinschaftsbank continues to set benchmarks in the ethical banking industry.
DitchCarbon Score
How does GLS Gemeinschaftsbank e.G.'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
GLS Gemeinschaftsbank e.G.'s score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GLS Gemeinschaftsbank e.G.'s reported carbon emissions
In 2024, GLS Gemeinschaftsbank e.G. reported significant carbon emissions, with a total of approximately 70,438,000 kg CO2e, all of which fall under Scope 2 emissions. This indicates the bank's indirect emissions from purchased electricity, steam, heating, and cooling. GLS Gemeinschaftsbank is committed to achieving net-zero emissions, as indicated by their commitment status. They are actively engaged in climate initiatives and have pledged to reduce their carbon footprint, although specific reduction targets have not been disclosed. The bank's climate commitments align with industry standards, reflecting a proactive approach to sustainability within the financial sector. As a financial institution based in Germany, GLS Gemeinschaftsbank e.G. is part of a broader movement among banks and diverse financial entities to address climate change and reduce their environmental impact. Their commitment to net-zero emissions underscores their dedication to sustainable practices and responsible banking.
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.
GLS Gemeinschaftsbank e.G. is participating in some 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.
