Aareal Bank

Aareal Bank's reported carbon emissions

Aareal Bank, headquartered in DE and operating within financial intermediation services, except insurance and pension funding services, reported a total of approximately 8.41 billion kg CO2e for the year 2025. This significant figure includes approximately 8.41 billion kg CO2e from Scope 3 emissions, primarily driven by investments totalling about 8.41 billion kg CO2e. Scope 1 emissions for the same year were approximately 276,000 kg CO2e. Scope 2 emissions, using market-based reporting, amounted to approximately 419,000 kg CO2e, while the location-based figure was approximately 1.96 million kg CO2e. In 2024, Aareal Bank's total emissions were approximately 1.23 billion kg CO2e, with Scope 3 emissions accounting for approximately 1.23 billion kg CO2e, again dominated by investments of about 1.22 billion kg CO2e. Scope 1 emissions were around 459,000 kg CO2e, and Scope 2 market-based emissions were approximately 419,000 kg CO2e. For 2023, total emissions were approximately 642.16 million kg CO2e, with Scope 3 emissions at about 641.17 million kg CO2e, largely due to investments of approximately 639.68 million kg CO2e. Scope 1 emissions were approximately 518,000 kg CO2e, and Scope 2 market-based emissions stood at around 467,000 kg CO2e. Aareal Bank has demonstrated a commitment to emissions reduction, having set a target in 2015 to achieve 100% reduction in CO2 emissions from conventional electricity consumption by 2020. This initiative aimed to eliminate Scope 2 emissions related to electricity usage. While specific future reduction targets are not detailed in the provided data, the bank's reporting history indicates a progressive engagement with emissions accounting, including Scope 1, 2, and increasingly Scope 3 categories such as investments, business travel, employee commute, and purchased goods and services in recent years.