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 and innovation. With a diverse portfolio of services, including investment loans, grants, and advisory services, Nrwbank uniquely supports small and medium-sized enterprises (SMEs) and public institutions. Its commitment to fostering regional development has positioned it as a key player in the German banking landscape. Notable achievements include significant contributions to infrastructure projects and environmental initiatives, reinforcing its reputation as a reliable partner for economic advancement in the region.
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 43 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nrwbank's reported carbon emissions
In 2023, NRW.BANK reported total carbon emissions of approximately 1,541,000 kg CO2e. This figure includes 450,000 kg CO2e from Scope 1 emissions, 407,000 kg CO2e from Scope 2 emissions, and 684,000 kg CO2e from Scope 3 emissions. Compared to 2022, where total emissions were about 1,459,000 kg CO2e, NRW.BANK has made strides in reducing its carbon footprint. The bank has committed to achieving carbon neutrality in its operations since 2013, with specific targets set for Scope 1 and Scope 2 emissions by 2025. Additionally, NRW.BANK became a voluntary partner in the "Düsseldorfer Klimapakt mit der Wirtschaft" in December 2023, supporting the goal of making Düsseldorf carbon-neutral by 2035. Over the years, NRW.BANK has demonstrated a commitment to sustainability, including initiatives to support the transition to e-mobility and zero emissions in public transport by 2030. The bank's proactive approach to carbon neutrality and emissions reduction reflects its dedication to environmental responsibility and aligns with industry standards for climate action.
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| 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 442,000 | 000,000 | 000,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 815,000 | 000,000 | 000,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,057,485 | 000,000 | 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 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.
