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.
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.
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.
Landwirtschaftliche Rentenbank's score of 30 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 of around 6,677,000,000 kg CO2e. The Scope 3 emissions breakdown includes business travel (24,000,000 kg CO2e), employee commute (353,000,000 kg CO2e), and purchased goods and services (2,483,000,000 kg CO2e). In previous years, emissions were lower, with 2022 figures showing Scope 1 emissions at 413,000 kg CO2e, Scope 2 at 0 kg CO2e, and Scope 3 at 646,200 kg CO2e. The bank has not disclosed any specific reduction targets or initiatives, indicating a lack of formal commitments to reduce emissions at this time. Landwirtschaftliche Rentenbank's emissions data reflects its operational impact and highlights the need for enhanced climate strategies in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.