- Higher interest rates weakened the global economy and created turmoil on the real estate markets.
- Geopolitical tension in the Middle East and the conflict in Ukraine created challenges.
- Shortage of qualified labor, locally inadequate infrastructure and high energy prices in Germany.
- Declining real estate prices.
Landesbank Hessen-Thüringen Girozentrale
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Landesbank Hessen-Thüringen Girozentrale disclosed greenhouse gas emissions of 11.1K tCO2e (2022). 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
11.1K tCO2e (2022)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 11.1K tCO2e (2022) |
| 2022 | 7.6K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 30% reduction of own CO₂ emissions (t CO₂e) compared with the reference value for 2016 to 2019 (target)
- 51.5% share of sustainable business volume in the portfolio (actual)
- Published the Sustainable Lending Framework to define, measure and manage the sustainable lending business.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce own CO₂ emissions by 30% compared with the reference value for 2016 to 2019 by 2025.
- Increase the proportion of women in management positions to 30% by 2025.
- Achieve 50% share of sustainable business volume in the portfolio by 2025.
🌱 ESG Focus Areas
Climate changeDiversityGovernanceSocial responsibilityHuman rights