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NORD/LB Norddeutsche Landesbank Girozentrale

Sustainability Report and Carbon Intensity Rankings

Is NORD/LB Norddeutsche Landesbank Girozentrale doing their part?

Their DitchCarbon score is 40

NORD/LB Norddeutsche Landesbank Girozentrale has a DitchCarbon Score of 40 out of 100, indicating moderate performance in sustainability practices. This score reflects the company’s current carbon intensity level, suggesting there is significant room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing overall environmental sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

NORD/LB Norddeutsche Landesbank Girozentrale is part of the finance sector, which has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

NORD/LB Norddeutsche Landesbank Girozentrale, located in Germany, has a medium carbon intensity rating for its region. This indicates that the company’s sustainability efforts are influenced by Germany’s moderate level of carbon emissions.
10.83%

...this company is doing 10.83% worse in emissions than the industry average.

NORD/LB Norddeutsche Landesbank Girozentrale, based in Hanover, Germany, operates within the finance sector and was established to serve as a leading commercial bank in northern Germany. Founded in the heart of its home region, the bank boasts a strong presence in cities such as Hanover, Brunswick, Bremen, Oldenburg, and Hamburg. Specializing in financing solutions for medium-sized companies, NORD/LB excels in special financing for energy and infrastructure projects, real estate, and aircraft, with a notable international footprint in London, New York, and Singapore.

Bad news, NORD/LB has not set SBTi climate commitments yet

NORD/LB Norddeutsche Landesbank Girozentrale has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is still in the process of defining clear, science-based emissions reduction targets to align with global efforts to mitigate climate change.

There’s always room for improvement,

DitchCarbon recommends...

NORD/LB Norddeutsche Landesbank Girozentrale should consider enhancing their machinery and equipment to cleaner and more efficient models to potentially reduce their scope 1 emissions by 15%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.