Landwirtschaftliche Rentenbank

Landwirtschaftliche Rentenbank's reported carbon emissions

Landwirtschaftliche Rentenbank (DE) is a financial intermediation services institution. For 2024, the bank reported total emissions of approximately 21,042,000,000 kg CO2e. This figure comprises Scope 1 emissions of about 540,100 kg CO2e, Scope 2 emissions of 0 kg CO2e, and Scope 3 emissions totalling approximately 293,500 kg CO2e. In 2023, Landwirtschaftliche Rentenbank's total emissions were approximately 22,642,000,000 kg CO2e, with Scope 1 emissions at about 487,700 kg CO2e and Scope 3 emissions at approximately 276,600 kg CO2e. For 2022, total emissions stood at approximately 23,708,300 kg CO2e, including Scope 1 emissions of about 428,300 kg CO2e and Scope 3 emissions of approximately 234,800 kg CO2e. In 2021, the bank reported total emissions of approximately 824,900 kg CO2e, with Scope 1 emissions around 255,000 kg CO2e and Scope 3 emissions at approximately 569,900 kg CO2e. Landwirtschaftliche Rentenbank has set ambitious climate targets, aiming for climate neutrality in its own banking operations by 2040. Recognising the significant impact of financed emissions, particularly within the agricultural sector, the bank's strategy prioritises addressing these. For its entire portfolio, the institution targets a 20% reduction in the CO2-equivalent intensity of financed emissions per EUR by 2030, relative to 2023. Furthermore, it aims for an 18% reduction in financed emission intensity specifically within the agricultural segment over the same timeframe.