Public Profile

Kfw

KfW Bankengruppe, commonly known as KfW, is a prominent development bank headquartered in Frankfurt, Germany. Established in 1948, KfW plays a vital role in financing sustainable development and innovation across various sectors, including infrastructure, education, and environmental protection. With a strong presence in Europe and beyond, KfW is dedicated to supporting both public and private initiatives that drive economic growth. KfW's core services encompass project financing, investment grants, and advisory services, uniquely tailored to meet the needs of its clients. The bank is recognised for its commitment to sustainability and social responsibility, positioning itself as a leader in the development banking sector. Notable achievements include significant contributions to renewable energy projects and small business financing, reinforcing KfW's status as a key player in fostering economic resilience and innovation.

DitchCarbon Score

How does Kfw'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.

50

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.

3

Industry Benchmark

Kfw's score of 50 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

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Kfw's reported carbon emissions

In 2024, KfW reported total carbon emissions of approximately 144,592,421,000 kg CO2e. This figure includes Scope 1 emissions of about 3,917,000 kg CO2e, Scope 2 emissions of approximately 1,996,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 144,586,508,000 kg CO2e, primarily from investments and purchased goods and services. In 2023, KfW's total emissions were about 17,266,000 kg CO2e, with Scope 1 emissions at approximately 2,987,000 kg CO2e, Scope 2 emissions at around 1,235,000 kg CO2e, and Scope 3 emissions largely driven by business travel, contributing about 12,913,000 kg CO2e. KfW has set ambitious reduction targets, aiming for a 30% decrease in both Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline. Additionally, the organisation is committed to decarbonising its energy supply by 2030, targeting an 80% reduction in emissions at its Bonn site as part of its climate-neutral Site Plan 2030. These initiatives reflect KfW's commitment to sustainability and reducing its carbon footprint in alignment with global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201620172018201920202021202220232024
Scope 1
5,095,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
1,097,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
7,394,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kfw's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Kfw is in DE, which has a medium grid carbon intensity relative to other regions.

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.

Kfw 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Indian Renewable Energy Development Agency

IN
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers