Sparkasse Bremen AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020

In its 2023 reporting, Sparkasse Bremen AG disclosed greenhouse gas emissions of 947 tCO2e/year. By scope: Scope 1: 9.08 tCO2e/year; Scope 2: 18.83 tCO2e/year; Scope 3: 919.15 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
947 tCO2e/year
2023
💧
Water Usage
6.9K m3/year
2023
♻️
Waste
71 tons/year
2023
⚙️
Energy Use
5.1M kWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).9.08 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.18.83 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).919.15 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023947 tCO2e/year
2022880 tCO2e/year
20211.1K tCO2e/year (Scope 1-3)
20202.7K tCO2e/year (Scope 1-3)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Improve sustainability rating to C+ (ISS-ESG) by 2024
  • Increase data quality on ESG climate data by 2026

📅 Medium-term

  • Achieve further reduction of CO2 emissions across all business areas by 2030
  • Implement VÖB Taxo Tool by 2024

🔭 Long-term

  • Achieve Net Zero emissions by 2050 across all business areas

🌱 ESG Focus Areas

Climate ChangeSocial SustainabilityGovernance

⚠️ Challenges & Risks +

  • Data limitations in assessing ESG risks across all business segments
  • Increasing need for employee training on sustainability and digitalization
  • Balancing the need for digitalization with maintaining personal customer relationships

📋 Report Information

Reporting Period: 2023
Frameworks: Sparkassen-Finanzgruppe reporting standard, GRI, GRI G4 Financial Services Sector Disclosures (G4-FS), Deutscher Nachhaltigkeitskodex (DNK)
Assurance: Limited assurance by the annual auditor