Deutsche Bundesbank
Deutsche Bundesbank, the central bank of Germany, plays a pivotal role in the European financial landscape. Headquartered in Frankfurt am Main, it operates across various regions in Germany and is integral to the European System of Central Banks. Founded in 1957, the Bundesbank has been instrumental in shaping monetary policy and ensuring financial stability within the Eurozone. The bank's core services include the management of monetary policy, financial stability oversight, and the issuance of banknotes. Its unique position allows it to influence economic conditions through rigorous analysis and policy implementation. Notably, Deutsche Bundesbank is recognised for its commitment to transparency and independence, contributing to its esteemed reputation in the global banking industry.
DitchCarbon Score
How does Deutsche Bundesbank'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 Bundesbank's score of 22 is lower than 79% 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 Bundesbank's reported carbon emissions
In 2023, Deutsche Bundesbank reported total carbon emissions of approximately 762,000 kg CO2e, encompassing both Scope 1 and Scope 2 emissions. This marks a significant reduction from 2022, when emissions were about 1,445,400 kg CO2e. The breakdown for 2022 in Germany shows that Scope 1 emissions were approximately 552,600 kg CO2e and Scope 2 emissions were about 628,800 kg CO2e, leading to a combined total of around 1,181,300 kg CO2e. Despite these reductions, Deutsche Bundesbank has not set specific reduction targets or climate pledges, nor does it report any initiatives under the Science Based Targets initiative (SBTi). The organisation's emissions data is not cascaded from any parent company, indicating that all reported figures are independently sourced. Overall, Deutsche Bundesbank's commitment to reducing its carbon footprint is evident in the substantial decrease in emissions from 2022 to 2023, reflecting a proactive approach to climate responsibility.
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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 Bundesbank 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.
