Commerzbank
Sustainability Report and Carbon Intensity Rankings
Is Commerzbank doing their part?
Their DitchCarbon score is 73
Commerzbank has a DitchCarbon Score of 73, indicating a relatively high level of sustainability in its operations. This score suggests that the company has made significant efforts to reduce its carbon intensity. A score closer to 100 would represent an even lower carbon intensity and a stronger commitment to environmental sustainability.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Commerzbank operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Commerzbank, located in Germany, operates in a region with a medium carbon intensity rating. This indicates that the country’s energy mix and industrial practices have a moderate impact on the company’s sustainability efforts.
Unlock 30+ emissions data points on Commerzbank
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– Historical Scope 1, 2 and 3 emissions
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Unlock 30+ emissions data points on Commerzbank
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
22.17%
...this company is doing 22.17% better in emissions than the industry average.
Commerzbank, founded in 1870 and headquartered in Frankfurt, operates in the finance sector as a prominent international commercial bank. It provides a wide array of financial services to private, small business, and corporate clients, with a strong focus on financing Germany’s foreign trade and capital market products. With a vast network of branches and a significant online presence through subsidiaries like Comdirect and mBank, Commerzbank serves millions of customers worldwide.
emission intelligence's platform recommendations for Commerzbank
Commerzbank should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions, potentially reducing their emissions by 15%.
Good news, Commerzbank has set solid SBTi climate commitments
Commerzbank has established targets to significantly reduce its greenhouse gas emissions from its own operations, aligning with the ambitious goal of limiting global warming to 1.5°C. These targets encompass both direct emissions and indirect emissions from purchased energy, known as scope 1 and scope 2 emissions.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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