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 64% 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 a financed emission intensity of approximately 30,000 kg CO2e per million square metres of revenue. This figure reflects the bank's commitment to understanding and managing its carbon footprint, although specific total emissions data for the year is not disclosed. In 2022, the financed emission intensity was slightly higher at about 31,000 kg CO2e per million square metres. The most comprehensive emissions data available is from 2021, where Berlin Hyp's total emissions were approximately 444,000 kg CO2e, broken down into Scope 1 emissions of about 132,000 kg CO2e, Scope 2 emissions of approximately 95,000 kg CO2e (market-based), and Scope 3 emissions of around 217,000 kg CO2e. Berlin Hyp has set ambitious long-term climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by at least 80% by 2050 compared to 2009 levels. Additionally, the bank targets a 65% reduction in these emissions by 2030. For Scope 3 emissions, the bank is working towards increasing the share of climate-neutral emissions through compensation measures by 2030. The emissions data and reduction targets are cascaded from its parent company, Berlin Hyp AG, which is part of Landesbank Baden-Württemberg. This corporate relationship influences the bank's sustainability strategies and reporting practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 305,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,630,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 3 | 649,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Berlin Hyp has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.