Submit your email to push it up the queue
Berlin Hyp, officially known as Berlin Hyp AG, is a prominent player in the German real estate finance sector, headquartered in Berlin, Germany. Established in 1769, the bank has evolved significantly, focusing primarily on commercial real estate financing and investment. With a strong presence in major operational regions across Europe, Berlin Hyp is renowned for its tailored financial solutions that cater to the diverse needs of property investors and developers. The bank's core offerings include mortgage loans, refinancing options, and advisory services, distinguished by their customer-centric approach and innovative financing structures. Berlin Hyp has achieved a notable market position, recognised for its commitment to sustainability and responsible lending practices. As a trusted partner in the real estate market, Berlin Hyp continues to set benchmarks in the industry, reflecting its long-standing expertise and dedication to excellence.
How does Berlin Hyp'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.
Mean score of companies in the Real Estate Services 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.
Berlin Hyp's score of 44 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Berlin Hyp reported total carbon emissions of approximately 777,000 kg CO2e, comprising 223,000 kg CO2e from Scope 1, 119,000 kg CO2e from Scope 2 (market-based), and 435,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 227,000 kg CO2e in 2022, while Scope 2 emissions (market-based) also saw a reduction from 90,000 kg CO2e in the previous year. The bank has disclosed emissions data across all three scopes, indicating a commitment to transparency in its climate impact. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments, and no data from the Science Based Targets initiative (SBTi) has been reported. Berlin Hyp's emissions data is cascaded from its parent company, Berlin Hyp AG, which is part of the Landesbank Baden-Württemberg corporate family. This relationship underscores the importance of collaborative efforts in addressing climate change within the financial sector. Overall, while Berlin Hyp has made strides in reducing its emissions, the absence of formal reduction targets suggests an area for potential growth in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 305,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 2,630,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 000,000 |
Scope 3 | - | - | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
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.
Berlin Hyp is not participating in any 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.