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 40 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
UmweltBank's reported carbon emissions
In 2023, UmweltBank reported total carbon emissions of approximately 350,431,320 kg CO2e, with no emissions recorded under Scope 1 and 100 kg CO2e under Scope 2. The majority of their emissions, about 350,431,220 kg CO2e, fell under Scope 3, which includes significant contributions from purchased goods and services (approximately 6,837,210 kg CO2e) and employee commuting (about 108,590 kg CO2e). UmweltBank has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This target reflects their commitment to achieving a 100% reduction in these scopes. Additionally, they have established a target to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and is designed to support global efforts to limit warming to 1.5°C. Overall, UmweltBank's proactive approach to managing and reducing carbon emissions demonstrates their dedication to sustainability and climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | 000 |
| Scope 3 | 75,293,120 | 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 participating in some 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.
