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 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 15,508,000,000 kg CO2e from Scope 1 emissions, 19,616,000,000 kg CO2e from Scope 2 emissions, and 6,677,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown includes 5,000,000 kg CO2e from investments, 24,000,000 kg CO2e from business travel, 353,000,000 kg CO2e from employee commuting, 143,000,000 kg CO2e from downstream leased assets, 2,483,000,000 kg CO2e from purchased goods and services, and 1,561,000,000 kg CO2e from waste generated in operations. In previous years, emissions were lower, with 2022 figures showing 413,000 kg CO2e for Scope 1 and 646,200 kg CO2e for Scope 3, indicating a substantial increase in emissions in 2023. Despite this, there are currently no disclosed reduction targets or climate pledges from Landwirtschaftliche Rentenbank, which suggests a need for enhanced climate commitments and strategies to address their carbon footprint effectively. The bank's emissions data reflects its operational impact and highlights the importance of developing robust sustainability initiatives to align with global climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 329,100 | 000,000 | 000,000 | 00,000,000,000 |
| Scope 2 | 118,600 | 000,000 | - | 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 committed to any 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.
