Landwirtschaftliche Rentenbank
Landwirtschaftliche Rentenbank, also known as the Agricultural Pension Bank, is a pivotal institution in Germany's agricultural finance sector. Headquartered in Frankfurt am Main, the bank primarily serves the agricultural and rural development industries across the country. Established in 1949, it has played a crucial role in supporting sustainable agricultural practices and rural infrastructure. The bank offers a range of financial products, including low-interest loans and investment financing tailored specifically for farmers and agribusinesses. Its unique focus on promoting environmentally friendly practices sets it apart in the market. As a leading development bank, Landwirtschaftliche Rentenbank has achieved notable milestones, including significant contributions to the financing of renewable energy projects within the agricultural sector. With its commitment to fostering innovation and sustainability, the bank continues to strengthen its position as a key player in Germany's agricultural landscape.
DitchCarbon Score
How does Landwirtschaftliche Rentenbank'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
Landwirtschaftliche Rentenbank's score of 30 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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Landwirtschaftliche Rentenbank's reported carbon emissions
In 2023, Landwirtschaftliche Rentenbank reported significant carbon emissions totalling approximately 32,252,000,000 kg CO2e. This figure includes Scope 1 emissions of about 15,508,000,000 kg CO2e, Scope 2 emissions of approximately 19,616,000,000 kg CO2e, and Scope 3 emissions amounting to around 6,677,000,000 kg CO2e. The Scope 3 emissions breakdown reveals contributions from various categories, including business travel (24,000,000 kg CO2e) and employee commute (353,000,000 kg CO2e). In comparison, the previous year, 2022, saw much lower emissions, with Scope 1 emissions at about 413,000 kg CO2e and Scope 3 emissions at approximately 646,200 kg CO2e. This indicates a substantial increase in emissions in 2023, particularly in Scope 1 and 2 categories. Despite the lack of specific reduction targets or initiatives disclosed, Landwirtschaftliche Rentenbank is committed to addressing its climate impact. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. The bank's emissions data reflects its operational scale and highlights the importance of implementing effective sustainability measures to mitigate its carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | 00,000,000,000 |
| Scope 2 | 118,600 | - | - | 00,000,000,000 |
| Scope 3 | - | - | 000,000 | 0,000,000,000 |
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.
Landwirtschaftliche Rentenbank 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.
