- Increased greenhouse gas emissions in 2023 compared to 2022 due to factors such as higher hazardous waste, increased business travel, and refrigerant losses.
- Reduced share of recycled paper in total paper consumption (though overall paper consumption decreased significantly).
NRW.BANK
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, NRW.BANK disclosed greenhouse gas emissions of 1.5K t CO2e. By scope: Scope 1: 450.3K kg CO2e; Scope 2: 407.4K kg CO2e; Scope 3: 683.6K kg CO2e. 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
1.5K t CO2e
2023
Renewable Energy
100% (electricity)
of total energy
Water Usage
20.5K m3
2023
Waste
256.0 tons
2023
Energy Use
6.3M kWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 450.3K kg CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 407.4K kg CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 683.6K kg CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.5K t CO2e |
| 2022 | 1.5K t CO2e |
| 2019 | 2.0K t CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions (though total emissions increased slightly compared to 2022, this is attributed to specific factors like increased hazardous waste and refrigerant losses). Achieved 100% green electricity from run-of-river hydropower plants.
- Reduced heating energy consumption by approximately 18.0% compared to the previous year.
- Reduced total electricity consumption (excluding data centers) by 6.9% compared to the previous year.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce ITR of the Corporate Portfolio by about 0.5 °C by no later than 2026.
🔭 Long-term
- Achieve climate neutrality by 2045.
🌱 ESG Focus Areas
Climate ChangeSocial SustainabilityGovernance