UmweltBank
UmweltBank AG, commonly referred to as UmweltBank, is a pioneering financial institution headquartered in Nuremberg, Germany. Founded in 1997, the bank has established itself as a leader in the sustainable banking sector, focusing on environmentally friendly investments and financing solutions. With a strong commitment to promoting renewable energy, energy efficiency, and sustainable real estate, UmweltBank offers a range of unique products and services tailored to eco-conscious clients. Its innovative approach to green financing has positioned the bank as a trusted partner for individuals and businesses seeking to make a positive environmental impact. Recognised for its dedication to sustainability, UmweltBank has achieved notable milestones, including significant growth in its customer base and a robust portfolio of green projects across Germany and beyond.
DitchCarbon Score
How does UmweltBank'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
UmweltBank's score of 32 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
UmweltBank's reported carbon emissions
In 2023, UmweltBank reported total carbon emissions of approximately 350,431,320 kg CO2e, with Scope 2 emissions at 100 kg CO2e and Scope 3 emissions accounting for the majority at about 350,431,220 kg CO2e. The breakdown of Scope 3 emissions includes business travel (1,150 kg CO2e), employee commute (108,590 kg CO2e), and purchased goods and services (6,837,210 kg CO2e). In 2022, the bank's total emissions were approximately 215,105,190 kg CO2e, all attributed to Scope 3, indicating a significant increase in emissions in 2023. The previous years also show a trend of high Scope 3 emissions, with 2021 at about 75,293,120 kg CO2e and 2020 at approximately 65,522,000 kg CO2e. UmweltBank has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the bank's focus on sustainability is evident in their operations and project financing, which includes renewable energy projects. The absence of Scope 1 emissions highlights their commitment to reducing direct emissions, while the significant Scope 3 emissions suggest a need for further action in supply chain and operational efficiencies.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 1,096,288,000 | - | - | 000 |
| Scope 3 | 65,522,000 | 00,000,000 | 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.
UmweltBank 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.
