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 24 is lower than 63% 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 2024, Landwirtschaftliche Rentenbank reported total carbon emissions of approximately 21,042,000,000 kg CO2e. This figure includes Scope 1 emissions of about 540,100 kg CO2e and Scope 3 emissions of approximately 293,500 kg CO2e, with significant contributions from business travel (68,100 kg CO2e) and waste generated in operations (32,400 kg CO2e). Notably, there were no reported Scope 2 emissions. Comparatively, in 2023, the bank's total emissions were about 22,642,000,000 kg CO2e, with Scope 1 emissions at approximately 487,700 kg CO2e and Scope 3 emissions at around 276,600 kg CO2e. This indicates a reduction in total emissions year-on-year. Landwirtschaftliche Rentenbank has not set specific reduction targets or initiatives as part of its climate commitments, nor does it report any cascading data from a parent organisation. The bank's emissions intensity for agriculture financing is reported at 0.00123 kg CO2e per EUR of revenue, while forestry and aquaculture financing have intensities of 0.00022 kg CO2e and 0.00027 kg CO2e per EUR, respectively. Overall, while the bank has made strides in tracking its emissions, it currently lacks formal reduction targets or commitments to further decrease its carbon footprint.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 255,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - | - |
| Scope 3 | 569,900 | 000,000 | 000,000 | 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.
