Aareal Bank
Aareal Bank AG, headquartered in Wiesbaden, Germany, is a prominent player in the financial services industry, specialising in property financing and banking solutions. Founded in 1923, the bank has established itself as a trusted partner for real estate investors and developers across Europe, North America, and Asia. With a focus on commercial property financing, Aareal Bank offers unique services such as structured finance, investment management, and digital solutions tailored to meet the evolving needs of its clients. The bank's commitment to innovation and sustainability has positioned it as a leader in the sector, earning recognition for its robust financial performance and strategic growth initiatives. Aareal Bank continues to thrive, leveraging its extensive expertise to navigate the complexities of the global real estate market.
DitchCarbon Score
How does Aareal Bank'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 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
Aareal Bank's score of 27 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aareal Bank's reported carbon emissions
In 2023, Aareal Bank reported total carbon emissions of approximately 1,324,000 kg CO2e. This figure includes 1,065,000 kg CO2e from Scope 1 emissions and 259,000 kg CO2e from Scope 2 emissions. Over the past five years, the bank has demonstrated a significant reduction in emissions, decreasing from about 1,376,000 kg CO2e in 2021 to the current level, reflecting a commitment to improving its environmental impact. The bank's emissions have shown a downward trend, with total emissions dropping from approximately 1,376,000 kg CO2e in 2021 to 1,324,000 kg CO2e in 2023. This reduction aligns with broader industry efforts to mitigate climate change, although specific reduction targets or initiatives have not been disclosed. Aareal Bank's emissions data indicates a focus on managing its operational carbon footprint, particularly in Scope 1 and Scope 2 categories. However, there are no specific targets or commitments outlined in their climate strategy, suggesting a potential area for future development in their sustainability efforts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,760,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 953,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 5,061,560 | - | - | - | - | - |
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.
Aareal Bank is committed to some 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.
