Commerzbank AG
Commerzbank's GHG Emissions Data Preview
In 2024, Commerzbank 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).
Commerzbank has also provided a category-level breakdown for 7 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 restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Commerzbank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Commerzbank amounted to 427,928 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).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Commerzbank increased by 457.31%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Commerzbank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Commerzbank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Commerzbank were 351,909 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Commerzbank reduced its Scope 1 emissions over time?
Since 2018, Commerzbank's Scope 1 emissions have increased by 839.6%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), Commerzbank's Scope 1 emissions increased by 1,920.38%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Commerzbank's Scope 2 emissions?
In 2024, Commerzbank reported Scope 2 greenhouse gas (GHG) emissions of 16,514 tCOâ‚‚e using the market-based method, and 76,019 tCOâ‚‚e using the location-based method.
Has Commerzbank reduced its Scope 2 emissions over time?
Since 2018, Commerzbank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 21.07%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2023), Commerzbank's Scope 2 emissions (Location-Based) rose by 28.05% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Commerzbank use for Scope 2 reporting?
In 2024, Commerzbank reported its Scope 2 emissions using the market-based method and using the location-based method.
Commerzbank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Commerzbank's Value Chain Emissions
In 2024, Commerzbank reported 74,371,739 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of Commerzbank includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Commerzbank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Commerzbank's Scope 3 emissions?
In 2024, Commerzbank reported total Scope 3 emissions of 74,371,739 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.86% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Commerzbank reduced its Scope 3 emissions over time?
Since 2018, Commerzbank's Scope 3 emissions have increased by 106,791.27%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2023), Commerzbank's Scope 3 emissions increased by 160,509.29%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Commerzbank disclose?
In 2024, Commerzbank reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Commerzbank's Scope 3 emissions?
In 2024, the largest contributors to Commerzbank's Scope 3 emissions were:
- Investments (Cat. 15): 74,265,337 tCOâ‚‚e (99.86%)
- Fuel- and Energy-Related Services (Cat. 3): 53,233 tCOâ‚‚e (0.07%)
- Employee Commuting (Cat. 7): 32,448 tCOâ‚‚e (0.04%)
Commerzbank's Scope 3 Emissions by Categories
Insights into Commerzbank's Total Carbon Footprint
In 2024, Commerzbank reported a total carbon footprint of 74,799,667 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 60,667.78% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Commerzbank's total carbon footprint was Scope 3 emissions, accounting for 99.43% of the company's total carbon footprint, followed by Scope 1 emissions at 0.47%.