Deutsche Pfandbriefbank
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 37 is higher than 87% 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 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, with the majority being from purchased electricity. Notably, Scope 3 emissions, which encompass business travel, accounted for about 639,000 kg CO2e. Comparatively, in 2022, the bank's total emissions were approximately 723,000 kg CO2e, with Scope 1 emissions remaining consistent at 374,000 kg CO2e, while Scope 2 emissions were slightly higher at 9,000 kg CO2e. Scope 3 emissions also saw an increase to about 330,000 kg CO2e. From 2021, when total emissions were reported at approximately 468,000 kg CO2e, there has been a significant increase in emissions over the years, particularly in Scope 3, which rose from 63,000 kg CO2e in 2021 to 639,000 kg CO2e in 2023. Despite these figures, Deutsche Pfandbriefbank has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future focus in their climate strategy. The bank's emissions data reflects a growing trend in carbon output, particularly in business travel, which may necessitate a reassessment of their environmental commitments moving forward.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
