Aareal Bank

Aareal Bank, a financial intermediation services company headquartered in Germany, reported approximately 8.41 billion kg CO2e in total greenhouse gas emissions for 2025. This includes 276,000 kg CO2e from Scope 1 emissions, 419,000 kg CO2e from Scope 2 market-based emissions, and approximately 8.41 billion kg CO2e from Scope 3 emissions. A significant portion of the Scope 3 emissions, about 8.407 billion kg CO2e, were attributed to investments.

For 2024, Aareal Bank's total emissions were approximately 1.23 billion kg CO2e, comprising 459,000 kg CO2e from Scope 1, 419,000 kg CO2e from Scope 2 market-based emissions, and about 1.226 billion kg CO2e from Scope 3. In 2023, the bank's total emissions were approximately 642.16 million kg CO2e, with 518,000 kg CO2e from Scope 1, 467,000 kg CO2e from Scope 2 market-based emissions, and about 641.17 million kg CO2e from Scope 3, of which about 639.68 million kg CO2e were from investments.

Looking back, in 2022, the bank reported 1.161 million kg CO2e from Scope 1 and 269,000 kg CO2e from Scope 2 market-based emissions. In 2021, Scope 1 emissions were 1.046 million kg CO2e and Scope 2 market-based emissions were 326,000 kg CO2e. For 2020, total emissions were 1.314 million kg CO2e, with 1.017 million kg CO2e from Scope 1 and 297,000 kg CO2e from Scope 2.

Aareal Bank has set a notable climate commitment to save 100 percent of CO2 emissions resulting from the consumption of conventional electricity by 2020, with the target initially set in 2015. This target specifically addresses Scope 2 emissions. All reported emissions data and reduction targets are directly from Aareal Bank AG.