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.
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.
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.
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.
In 2025, Deutsche Pfandbriefbank (pbb) reported its carbon emissions in Germany, disclosing Scope 1 emissions of 30,000 kg CO2e and Scope 3 emissions of 246,000 kg CO2e. The bank has set ambitious reduction targets, aiming to decrease its Scope 1 emissions, primarily from its vehicle fleet, to 190 kg CO2e by the end of 2030, representing a reduction of approximately 37.5%. For Scope 2 emissions, which are mainly due to energy consumption in office buildings, pbb targets a reduction to 5.3 kg CO2e by 2030, achieving a significant 98.1% decrease. Additionally, pbb is committed to the Paris Climate Agreement, striving to limit global warming to well below 2 degrees Celsius, ideally to 1.5 degrees Celsius compared to pre-industrial levels. This long-term commitment encompasses both Scope 1 and Scope 2 emissions and extends to 2050. Overall, pbb's emissions data and climate commitments reflect a proactive approach to sustainability, aligning with industry standards and global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
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.

