Nrwbank
Nrwbank, officially known as the Nordrhein-Westfalen Bank, is a prominent financial institution headquartered in Düsseldorf, Germany. Established in 2002, it plays a vital role in the economic development of North Rhine-Westphalia, one of Germany's most industrialised regions. The bank primarily operates in the public banking sector, focusing on financing projects that promote sustainable growth, innovation, and infrastructure development. Nrwbank offers a range of unique financial products and services, including loans, grants, and advisory services tailored to support small and medium-sized enterprises (SMEs), municipalities, and public institutions. Its commitment to fostering regional development has positioned it as a key player in the market, recognised for its contributions to economic stability and growth. With a strong emphasis on sustainability and innovation, Nrwbank continues to make significant strides in enhancing the financial landscape of North Rhine-Westphalia.
DitchCarbon Score
How does Nrwbank'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
Nrwbank's score of 32 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nrwbank's reported carbon emissions
In 2023, NRW.Bank reported total carbon emissions of approximately 1.54 million tonnes CO2e. This figure includes 450,000 tonnes CO2e from Scope 1 emissions, 407,000 tonnes CO2e from Scope 2 emissions, and 684,000 tonnes CO2e from Scope 3 emissions. Over the past five years, NRW.Bank has demonstrated a commitment to reducing its carbon footprint. The total emissions decreased from about 1.97 million tonnes CO2e in 2019 to 1.54 million tonnes CO2e in 2023, reflecting a significant reduction in emissions. Notably, the bank's Scope 1 emissions have decreased from 643,000 tonnes CO2e in 2019 to 450,000 tonnes CO2e in 2023. Despite these reductions, NRW.Bank has not publicly set specific reduction targets or initiatives under frameworks such as the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). The bank continues to focus on its climate commitments, aiming to enhance sustainability practices across its operations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 423,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 459,000 | 00,000 | 00,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 979,000 | 0,000,000 | 000,000 | 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.
Nrwbank 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.
