Grenke AG
Grenke AG, headquartered in Baden-Baden, Germany, is a prominent player in the financial services industry, specialising in leasing and financing solutions. Founded in 1978, the company has established a strong presence across Europe, particularly in Germany, France, and Italy, providing tailored services to small and medium-sized enterprises (SMEs). Grenke AG is renowned for its unique offerings in equipment leasing, factoring, and banking services, which are designed to enhance cash flow and support business growth. The company’s commitment to customer-centric solutions and rapid processing times sets it apart in a competitive market. With a solid reputation and a robust market position, Grenke AG continues to achieve significant milestones, reinforcing its status as a trusted partner for businesses seeking flexible financing options.
DitchCarbon Score
How does Grenke AG'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
Grenke AG's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grenke AG's reported carbon emissions
In 2024, Grenke AG reported total carbon emissions of approximately 8,313,000 kg CO2e. This figure includes 2,690,000 kg CO2e from Scope 1 emissions, 1,440,000 kg CO2e from Scope 2 (market-based), and 4,183,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass significant contributions from employee commuting (about 1,383,000 kg CO2e) and purchased goods and services (approximately 1,435,000 kg CO2e). In comparison, the 2023 emissions data indicated a total of about 8,543,000 kg CO2e, with Scope 1 emissions at 3,184,000 kg CO2e, Scope 2 emissions (market-based) at 1,778,000 kg CO2e, and Scope 3 emissions at 3,581,000 kg CO2e. This reflects a slight decrease in total emissions year-on-year. Grenke AG has set ambitious climate commitments, aiming for net zero emissions for its business operations by 2050. This target applies to both Scope 1 and Scope 2 emissions, with a commitment to start implementing these reductions from 2023. The company is currently on track to meet its two-year goals, demonstrating a proactive approach to climate action. Overall, Grenke AG's emissions data and climate commitments highlight its dedication to reducing its carbon footprint and contributing to global sustainability efforts.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 3,407,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,498,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,632,000 | 0,000,000 | 0,000,000 |
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.
Grenke AG 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.
