- Slow approval procedures for wind farms leading to project delays.
- Insufficient data availability for comprehensive EU Taxonomy reporting.
- Competition for professionals and managerial staff.
DZ BANK AG Deutsche Zentral-Genossenschaftsbank
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, DZ BANK AG Deutsche Zentral-Genossenschaftsbank disclosed greenhouse gas emissions of 9.2K tonnes of greenhouse gas emissions (2021) for DZ BANK; Data for the 2021 greenhouse gas footprint of the DZ BANK Group was not available by the publishing deadline.. By scope: Scope 1: 2.2K tCO2e (2021) for DZ BANK; Scope 2: 2.9K tCO2e (2021) for DZ BANK; Scope 3: 4.1K tCO2e (2021) for DZ BANK. 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
9.2K tonnes of greenhouse gas emissions (2021) for DZ BANK; Data for the 2021 greenhouse gas footprint of the DZ BANK Group was not available by the publishing deadline.
2021
Renewable Energy
100% green electricity at major offices (DZ BANK)
of total energy
Water Usage
73.6K megaliters (2021) for DZ BANK
2021
Waste
908.6 tonnes (2021) for DZ BANK
2021
Energy Use
224.8K gigajoules (2021) for DZ BANK
2021
📊 Emissions by Scope (2021)
| 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). | 2.2K tCO2e (2021) for DZ BANK |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.9K tCO2e (2021) for DZ BANK |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.1K tCO2e (2021) for DZ BANK |
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 |
|---|---|
| 2021 | 9.2K tonnes of greenhouse gas emissions (2021) for DZ BANK; Data for the 2021 greenhouse gas footprint of the DZ BANK Group was not available by the publishing deadline. |
| 2020 | 9.1K tonnes of CO2e (Scope 1-3) in 2020 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions by 63.8% compared to 2009 by the end of 2020. All group entities committed to becoming carbon-neutral by 2045 at the latest.
- Increased financing activities in renewable energies to €5.97 billion by the end of 2021.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase financing activities in renewable energies to €6 billion by the end of 2022.
- Reduce carbon footprint for equities and corporate bonds asset classes by 20% by 2025 (R+V).
📅 Medium-term
- Reduce the DZ BANK Group’s aggregate carbon emissions by at least 65 percent by 2030 (relative to 2009).
- Achieve climate neutrality for all securities by 2050 (Union Investment).
🔭 Long-term
- Achieve carbon neutrality for all group entities by 2045 at the latest.
🌱 ESG Focus Areas
Climate changeDiversityGovernanceSustainable lendingSustainable investmentOperational ecologyCustomer focusEmployee support and developmentCompliance