Deutsche Pfandbriefbank, a German financial institution, is committed to reducing its ecological footprint. The company aims to limit global warming to 1.5 degrees Celsius above pre-industrial levels. The bank is striving to synchronize its credit portfolios and operations with the 1.5-degree target, setting itself a long-term climate target and aiming to achieve this alignment by 2050.

In terms of carbon emissions, Deutsche Pfandbriefbank has taken steps to calculate and reduce its emissions. In 2022, the company's scope 1 emissions from company cars amounted to 374 tCO2, which were offset by emission certificates. Scope 2 emissions from purchased electricity were 6 tCO2, partly from renewable energy sources and partly compensated by emission certificates. Scope 3 emissions from office consumer goods, business travel, and events totaled 325 tCO2, all offset by emission certificates. The company is actively revising its Travel Policy to further reduce emissions from business travel.

Deutsche Pfandbriefbank has implemented various measures to reduce its ecological footprint. It supports recycling by reusing transport packaging and offsets carbon emissions from printed materials by purchasing emission certificates. The company also saves electricity through energy-efficient office equipment and needs-oriented management of electronic devices. Larger corporate events are offset by buying emission certificates. Additionally, the company generates a large proportion of electricity at its Business Campus from hydro-electric and wind power plants.

The company uses a proprietary decarbonization tool and aligns with the pbb Green Scoring Model to analyze opportunities for making properties sustainable. Transition environmental risk factors, such as property energy efficiency and carbon footprint, are considered material. Deutsche Pfandbriefbank also finances investments in environmental standards, waste management, and public services.

Deutsche Pfandbriefbank has issued green bonds, enabling investors to make targeted investments in sustainable capital market products. As of December 2022, the outstanding total volume of green bonds was €2.86 billion. The company also records certifications based on green building standards and other sustainability data.

In conclusion, Deutsche Pfandbriefbank is dedicated to achieving and diminishing its ecological footprint. The company monitors and manages environmental risks associated with the properties it finances. It has implemented various measures to reduce its ecological footprint and supports sustainable investments through green bonds.

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