- Reduction in group functions and DBS (DirektBankService) leading to job reductions
- Decreasing level of loyalty among junior staff
- Need to retain or build up expertise in certain areas while overall personnel demand declines
- Data collection difficulties for properties with a private background and old stocks in energy efficiency assessment
Erwerbsgesellschaft der S-Finanzgruppe mbH & Co. KG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Erwerbsgesellschaft der S-Finanzgruppe mbH & Co. KG disclosed greenhouse gas emissions of 7.0K tCO2e/year. By scope: Scope 1: 4.6K tCO2e/year; Scope 2: 2.6K tCO2e/year; Scope 3: 11.6K 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
7.0K tCO2e/year
2023
Renewable Energy
75% (electricity)
of total energy
Water Usage
84.8K m3/year
2023
Waste
4.3K tons/year
2023
Energy Use
49.7M kWh/year
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). | 4.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.6K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 11.6K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 7.0K tCO2e/year |
| 2021 | 1.2K tCO2e/year |
| 2020 | 1.6K tCO2e (German locations) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Sourcing exclusively certified green electricity
- Switch to digital product flyers in customer business
- Conversion of company cars to electric vehicles for new procurements from Q3/2023
🎯 Climate & Sustainability Targets
📅 Medium-term
- CO2 emissions (in tonnes) from business operations: 7,800 t by 2028
- Index for customer perception (products & banking operations), private customers: 75 (of 100) by 2028
- Index for customer perception (products & banking operations), corporate customers: 77 (of 100) by 2028
- 40% share of women in management positions by 30 June 2027
🔭 Long-term
- CO2-neutral business operations by 2035
🌱 ESG Focus Areas
Environmental concernsEmployee concernsSocial concernsCombating corruption and bribery