BayernLB
BayernLB, officially known as Bayerische Landesbank, is a prominent financial institution headquartered in Munich, Germany. Established in 1884, it has evolved into a key player in the banking sector, primarily serving the regions of Bavaria and beyond. As a leading public-sector bank, BayernLB focuses on corporate banking, real estate financing, and capital markets, catering to a diverse clientele that includes businesses, municipalities, and institutional investors. With a strong emphasis on sustainable finance, BayernLB offers unique products and services designed to meet the evolving needs of its customers. The bank has achieved notable milestones, including its robust market position as one of Germany's largest banks, recognised for its commitment to innovation and stability in the financial landscape.
DitchCarbon Score
How does BayernLB'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
BayernLB's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BayernLB's reported carbon emissions
In 2023, BayernLB reported total carbon emissions of approximately 3,413,000 kg CO2e. This figure includes Scope 1 emissions of about 1,286,000 kg CO2e, Scope 2 emissions (market-based) of around 410,000 kg CO2e, and Scope 3 emissions totalling approximately 1,717,000 kg CO2e. BayernLB has set ambitious climate commitments, aiming to reduce its absolute greenhouse gas emissions by 30% by 2030, using a 2020 baseline for both Scope 1 and Scope 2 emissions. This commitment reflects the bank's proactive approach to addressing climate change and aligns with industry standards for sustainability. The emissions data for BayernLB is cascaded from its parent company, Bayerische Landesbank, which provides a comprehensive overview of the bank's environmental impact. The latest sustainability report outlines these emissions and reduction targets, demonstrating BayernLB's commitment to transparency and accountability in its climate initiatives.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2023 | |
|---|---|---|
| Scope 1 | 1,743,000 | 0,000,000 |
| Scope 2 | 1,349,000 | 000,000 |
| Scope 3 | 2,890,000 | 0,000,000 |
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.
BayernLB 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.
