Aareal Bank AG
Aareal Bank's GHG Emissions Data Preview
In 2024, Aareal Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Aareal Bank has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  | 0000000 |
Verified Sources Behind Aareal Bank’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Aareal Bank’s data sources below and access millions more through our Disclosure Search.
Insights into Aareal Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Aareal Bank amounted to 21,324 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Aareal Bank increased by 212.12%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
Aareal Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Aareal Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Aareal Bank were 7,942 metric tons of CO₂ equivalent (tCO₂e).a
Has Aareal Bank reduced its Scope 1 emissions over time?
Since 2019, Aareal Bank's Scope 1 emissions have increased by 151.41%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Aareal Bank's Scope 1 emissions increased by 185.38%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
What are Aareal Bank's Scope 2 emissions?
In 2024, Aareal Bank reported Scope 2 greenhouse gas (GHG) emissions of 419 tCO₂e using the market-based method and 13,382 tCO₂e using the location-based method.a
Has Aareal Bank reduced its Scope 2 emissions over time?
Since 2019, Aareal Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 170.78%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Aareal Bank's Scope 2 emissions (Location-Based) rose by 230.5% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
What methodology does Aareal Bank use for Scope 2 reporting?
In 2024, Aareal Bank reported its Scope 2 emissions using the market-based method and using the location-based method.a
Aareal Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Aareal Bank's Value Chain Emissions
In 2024, Aareal Bank reported 1,225,685 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Aareal Bank includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Aareal Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Aareal Bank's Scope 3 emissions?
In 2024, Aareal Bank reported total Scope 3 emissions of 1,225,685 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.33% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.67% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Aareal Bank reduced its Scope 3 emissions over time?
Since 2019, Aareal Bank's Scope 3 emissions have increased by 74,094.01%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Aareal Bank's Scope 3 emissions increased by 125,740.35%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
What categories of Scope 3 emissions does Aareal Bank disclose?
In 2024, Aareal Bank reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Aareal Bank's Scope 3 emissions?
In 2024, the largest contributors to Aareal Bank's Scope 3 emissions were:a
- Investments (Cat. 15): 1,221,608 tCO₂e (99.67%)
- Employee Commuting (Cat. 7): 2,259 tCO₂e (0.18%)
- Business Travel (Cat. 6): 1,122 tCO₂e (0.09%)
Aareal Bank's Scope 3 Emissions by Categories
Insights into Aareal Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Aareal Bank reported Scope 1 greenhouse gas (GHG) emissions of 7,942 tCO₂e and total revenues of USD 1,099 millions. This translates into an emissions intensity of 7.23 tCO₂e per millions USD.a
Aareal Bank's Scope 1 Emissions Intensity Compared to Peers
How does Aareal Bank's GHG emissions intensity compare to its peers?
In 2024, Aareal Bank reported a Scope 1 emissions intensity of 7.23 tCO₂e per millions USD. Compared to the peer group median of 4.49, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Aareal Bank rank on GHG emissions intensity within its industry?
In 2024, Aareal Bank ranked 14 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Aareal Bank among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Aareal Bank's Total Carbon Footprint
In 2024, Aareal Bank reported a total carbon footprint of 1,247,009 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15,875.01% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Aareal Bank's total carbon footprint was Scope 3 emissions, accounting for 98.29% of the company's total carbon footprint, followed by Scope 2 emissions at 1.07%.a