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KfW, officially known as Kreditanstalt für Wiederaufbau, is a prominent financial institution headquartered in Frankfurt, Germany. Established in 1948, KfW has played a pivotal role in Germany's economic development, focusing on financial intermediation services, excluding insurance and pension funding. The bank primarily operates within Europe, providing essential funding for various sectors, including infrastructure, innovation, and environmental sustainability.
KfW's core offerings include low-interest loans, grants, and investment support, uniquely tailored to foster economic growth and social development. With a strong commitment to sustainability, KfW has positioned itself as a leader in financing green projects, contributing significantly to Germany's transition to a low-carbon economy. Notable achievements include its consistent ranking among the world's most sustainable banks, reflecting its dedication to responsible financial practices and social impact.
46
DitchCarbon score
+9 vs industry average
Kfw’s score of 46 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Kfw's reported carbon emissions
In 2024, KfW's Scope 1 emissions were 3,917,000 kg CO2e, and Scope 2 (market-based) emissions were 1,996,000 kg CO2e. Their Scope 3 emissions included 7,831,000 kg CO2e from capital goods, 5,860,000 kg CO2e from business travel, 7,833,000 kg CO2e from employee commuting, and 54,833,000 kg CO2e from purchased goods and services.
KfW has set several climate commitments. They aim to reduce their Scope 1 emissions by 30% by 2030, using a 2020 baseline. Similarly, they target a 30% reduction in Scope 2 emissions by 2030, also against a 2020 baseline. The KfW Group also intends to decarbonise the energy supply to its sites by 2030, aiming to reduce CO2 emissions as far as possible and avoid fossil fuels. As part of their climate-neutral Site Plan 2030, the implementation of the "Sustainable Energy Supply" project at their Bonn site is expected to reduce carbon emissions at that location by approximately 80%.
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Kfw’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Kfw2 days ago
46
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