Landwirtschaftliche Rentenbank
Landwirtschaftliche Rentenbank, also known as the Agricultural Pension Bank, is a pivotal institution in Germany's agricultural finance sector. Headquartered in Frankfurt am Main, the bank primarily serves the agricultural and rural development industries across the country. Established in 1949, it has played a crucial role in supporting sustainable agricultural practices and rural infrastructure. The bank offers a range of financial products, including low-interest loans and investment financing tailored specifically for farmers and agribusinesses. Its unique focus on promoting environmentally friendly practices sets it apart in the market. As a leading development bank, Landwirtschaftliche Rentenbank has achieved notable milestones, including significant contributions to the financing of renewable energy projects within the agricultural sector. With its commitment to fostering innovation and sustainability, the bank continues to strengthen its position as a key player in Germany's agricultural landscape.
DitchCarbon Score
How does Landwirtschaftliche Rentenbank'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
Landwirtschaftliche Rentenbank's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Landwirtschaftliche Rentenbank's reported carbon emissions
In 2023, Landwirtschaftliche Rentenbank reported carbon emissions totalling approximately 63,800 kg CO2e, with emissions primarily from Scope 3 categories. Specifically, business travel accounted for about 58,000 kg CO2e, while purchased goods and services contributed approximately 1,800 kg CO2e. Notably, the bank did not report any emissions under Scope 1 or Scope 2 for this year. In 2022, the bank disclosed no emissions data, while in 2021, it reported a total of 401,800 kg CO2e, which included 255,000 kg CO2e from Scope 1, 118,600 kg CO2e from Scope 2, and 569,900 kg CO2e from Scope 3 emissions. The Scope 3 emissions in 2021 included 2,200 kg CO2e from purchased goods and services and 31,400 kg CO2e from waste generated in operations. Despite these figures, Landwirtschaftliche Rentenbank has not set specific reduction targets or commitments, nor does it appear to have cascaded any targets from a parent organisation. The absence of defined climate pledges or SBTi targets indicates a need for further development in their climate strategy. Overall, the bank's emissions profile reflects a focus on indirect emissions, particularly from business travel and supply chain activities.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 255,000 | - |
| Scope 2 | 118,600 | - |
| Scope 3 | 569,900 | 00,000 |
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.
Landwirtschaftliche Rentenbank 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.
