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 34 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 2024, Deutsche Pfandbriefbank reported total carbon emissions of approximately 42,576,000 kg CO2e. This figure represents a significant increase compared to 2023, when the bank's emissions were about 959,000 kg CO2e. The emissions for 2023 were broken down into Scope 1 emissions of approximately 374,000 kg CO2e, Scope 2 emissions of about 8,000 kg CO2e, and Scope 3 emissions, primarily from business travel, amounting to around 639,000 kg CO2e. 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 around 9,000 kg CO2e, and Scope 3 emissions of about 330,000 kg CO2e. The trend shows a notable increase in emissions over the years, with 2021 reporting approximately 468,000 kg CO2e and 2020 at about 557,000 kg CO2e. Deutsche Pfandbriefbank has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The emissions data is not cascaded from any parent organization, indicating that the figures are solely attributed to Deutsche Pfandbriefbank AG. The bank's commitment to addressing climate change remains unclear, as no specific climate pledges or initiatives have been reported.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 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 not participating in any of the initiatives that 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.