- Climate-related risks (physical and transition risks) impacting credit risk, reputational risk, operational risk, and actuarial risk.
- Need to align finance portfolio with the 1.5°C target and 'net-zero future' principle.
DZ BANK AG Deutsche Zentral-Genossenschaftsbank
Greenhouse gas emissions & sustainability report data
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 9.2K tCO2e (DZ BANK 2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced CO2 emissions by 600,000 tons in 2022 through financing of sustainable building.
- €7.4 billion financing volume in renewable energies in 2023 (especially wind power and photovoltaics).
- Total volume of sustainable bonds and promissory note loans managed amounted to €25.1 billion and €2.4 billion respectively in 2023.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Decarbonization targets for the DZ BANK banking group in respect of eight sectors.
🔭 Long-term
- Climate neutrality in its own operations by 2045 at the latest.
🌱 ESG Focus Areas
Climate ChangeRenewable EnergySustainable FinanceHuman RightsDiversity & InclusionGovernance