Deutsche Pfandbriefbank Sustainability Profile
Deutsche Pfandbriefbank AG, commonly known as pbb Deutsche Pfandbriefbank, is a leading specialist bank headquartered in Munich, Germany. Established in 2009, pbb has quickly positioned itself as a key player in the European real estate finance sector, focusing primarily on commercial property financing and public investment loans. With a strong presence in major operational regions across Germany and the UK, pbb offers a unique range of core products, including Pfandbrief bonds and tailored financing solutions. The bank is renowned for its expertise in structured finance, which sets it apart in a competitive market. Notable achievements include a robust market position as one of the top issuers of Pfandbrief in Europe, reflecting its commitment to stability and innovation in the financial services industry.
DitchCarbon Score
How does Deutsche Pfandbriefbank'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 Financial Intermediation 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
Deutsche Pfandbriefbank's score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Deutsche Pfandbriefbank's reported carbon emissions
In 2024, Deutsche Pfandbriefbank reported total carbon emissions of approximately 42,576,000 kg CO2e. The emissions data for 2023 indicates that the bank's Scope 2 emissions amounted to about 100,000 kg CO2e, with an additional 195,000 kg CO2e attributed to Scope 3 emissions related to capital goods. In 2022, the bank's total emissions were approximately 723,000 kg CO2e, with Scope 1 emissions at about 374,000 kg CO2e, Scope 2 emissions at approximately 9,000 kg CO2e, and Scope 3 emissions from business travel and purchased goods and services contributing significantly. Deutsche Pfandbriefbank has set ambitious reduction targets for its emissions. By the end of 2030, the bank aims to reduce its Scope 1 emissions, primarily from its vehicle fleet, to 190 kg CO2e, representing a reduction of about 37.5%. For Scope 2 emissions, the target is to lower them to 5.3 kg CO2e, achieving a remarkable reduction of approximately 98.1%. Furthermore, the bank is committed to the Paris Climate Agreement, aiming to limit global warming to well below 2 degrees Celsius, ideally to 1.5 degrees Celsius, by 2050. The emissions data and reduction targets are sourced directly from Deutsche Pfandbriefbank AG, with no cascaded data from parent or related organizations. The bank's commitment to sustainability and climate action reflects its proactive approach in addressing climate change within the financial sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 387,000 | 000,000 | 000,000 | - |
| Scope 2 | 7,000 | 0,000 | 0,000 | 000,000 |
| Scope 3 | 161,000 | 00,000 | 000,000 | 000,000 |
How Carbon Intensive is Deutsche Pfandbriefbank's Industry?
How Carbon Intensive is Deutsche Pfandbriefbank's Location?
Deutsche Pfandbriefbank's Scope 3 Categories Breakdown
Deutsche Pfandbriefbank's Scope 3 emissions, which decreased by 41% last year and increased by approximately 21% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 47% of total emissions under the GHG Protocol, with "Capital Goods" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Deutsche Pfandbriefbank's Climate Goals (2030 & 2050)
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.
Deutsche Pfandbriefbank 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.
