Kfw

KfW, a German financial intermediation services company, reported total emissions of approximately 87,700,000 kg CO2e in 2024. This includes about 3,917,000 kg CO2e from Scope 1, approximately 11,627,000 kg CO2e from Scope 2 (location-based), and roughly 72,357,000 kg CO2e from Scope 3. Notably, the majority of Scope 3 emissions in 2024 stemmed from purchased goods and services (around 54,833,000 kg CO2e), employee commute (approximately 7,833,000 kg CO2e), capital goods (roughly 7,831,000 kg CO2e), and business travel (about 5,860,000 kg CO2e).

KfW has set climate commitments to reduce its environmental impact. The company aims to decarbonise the energy supply to its sites by 2030, with a goal of reducing Scope 1 and Scope 2 CO2 emissions by around 80% from a 2023 baseline. This includes the implementation of a "Sustainable Energy Supply" project at its Bonn site, anticipating an 80% reduction in carbon emissions at that location by 2030. Additionally, KfW targets a 30% reduction in Scope 1 emissions and a 30% reduction in Scope 2 emissions by 2030, both from a 2020 baseline.