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 26 is lower than 52% 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 significant carbon emissions totalling approximately 32,252,000,000 kg CO2e. This figure includes Scope 1 emissions of about 15,508,000,000 kg CO2e, Scope 2 emissions of around 19,616,000,000 kg CO2e, and Scope 3 emissions amounting to approximately 6,677,000,000 kg CO2e. The Scope 3 emissions breakdown includes contributions from purchased goods and services (about 2,483,000,000 kg CO2e), employee commuting (approximately 353,000,000 kg CO2e), and waste generated in operations (around 1,561,000,000 kg CO2e). In previous years, emissions were considerably lower, with 2021 figures showing a total of about 401,800 kg CO2e, which included Scope 1 emissions of 255,000 kg CO2e and Scope 2 emissions of 118,600 kg CO2e. The bank has not disclosed any specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Landwirtschaftliche Rentenbank's emissions data reflects its operational impact and highlights the need for ongoing assessment and potential strategies to mitigate its carbon footprint in alignment with industry standards.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 255,000 | 00,000,000,000 |
| Scope 2 | 118,600 | 00,000,000,000 |
| Scope 3 | 569,900 | 0,000,000,000 |
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.
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.
