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 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 29 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Deutsche Pfandbriefbank reported total carbon emissions of approximately 959,000 kg CO2e. This figure includes 374,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 8,000 kg CO2e from Scope 2 emissions related to purchased electricity. Notably, the bank's Scope 3 emissions, which encompass business travel, accounted for a significant 639,000 kg CO2e. Comparatively, in 2022, the bank's total emissions were about 723,000 kg CO2e, with Scope 1 emissions at 374,000 kg CO2e, Scope 2 emissions at 9,000 kg CO2e, and Scope 3 emissions reaching 330,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. In 2021, Deutsche Pfandbriefbank's emissions were approximately 468,000 kg CO2e, with Scope 1 emissions at 383,000 kg CO2e, Scope 2 emissions at 7,000 kg CO2e, and Scope 3 emissions at 63,000 kg CO2e. The bank's emissions in 2020 were about 557,000 kg CO2e, with similar patterns across the scopes. Despite these figures, Deutsche Pfandbriefbank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions data reflects its operational impact, and ongoing monitoring will be essential for future climate commitments and strategies.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 387,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 7,000 | 0,000 | 0,000 | 0,000 |
Scope 3 | 153,000 | 00,000 | 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.
Deutsche Pfandbriefbank is committed to some reduction initiatives 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.