Landesbank Baden Wurttemberg
Landesbank Baden-Württemberg (LBBW) is a prominent financial institution headquartered in Stuttgart, Germany. Established in 1999, LBBW has evolved into one of the largest banks in Germany, serving key operational regions including Baden-Württemberg, Rheinland-Pfalz, and beyond. As a leading player in the banking industry, LBBW focuses on corporate banking, retail banking, and capital markets, offering a diverse range of financial services tailored to meet the needs of its clients. LBBW is renowned for its unique combination of local expertise and international reach, providing innovative solutions in financing, investment, and asset management. The bank has achieved notable milestones, including its strong market position as a trusted partner for businesses and public institutions. With a commitment to sustainability and digital transformation, LBBW continues to set benchmarks in the financial sector, reinforcing its reputation as a forward-thinking institution.
DitchCarbon Score
How does Landesbank Baden Wurttemberg'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 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
Landesbank Baden Wurttemberg's score of 31 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Landesbank Baden Wurttemberg's reported carbon emissions
In 2023, Landesbank Baden-Württemberg reported total carbon emissions of approximately 5,548,937 kg CO2e from Scope 1, 7,326,011 kg CO2e from Scope 2, and 2,827,169 kg CO2e from Scope 3 emissions. This represents a significant commitment to transparency in their emissions reporting, covering all three scopes of emissions. Over the past few years, the bank has demonstrated a trend of reducing its overall emissions. For instance, in 2020, total emissions were about 9,909,698 kg CO2e, which decreased to approximately 10,964,307 kg CO2e in 2021, and further to about 11,826,594 kg CO2e in 2022. This indicates a proactive approach towards minimising their carbon footprint. Despite the absence of specific reduction targets or climate pledges, the bank's consistent reporting and emissions data suggest a commitment to sustainability and climate responsibility. The bank's emissions from electricity and heating, as well as from employee travel, are notable contributors to their overall carbon footprint, highlighting areas for potential improvement. Landesbank Baden-Württemberg's ongoing efforts in emissions tracking and reporting align with industry standards, reflecting a growing awareness and responsibility towards climate change mitigation.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,067,514 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,122,618 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,774,175 | 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.
Landesbank Baden Wurttemberg is committed to some reduction initiatives 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.
