Grenke AG

Common Name
Grenke
Country
Germany
Sector
Financial Services
Industry
Credit Services
Employees
2,196
Ticker
GLJ
Exchange
XETRA
Description
Grenke AG is a financial services company that focuses primarily on providing leasing solutions, particularly for small and medium-sized enterprises (SMEs). The company's main objective is to facilita...

Grenke's GHG Emissions Data Preview

In 2024, Grenke 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).

Grenke 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)2024202320222021 - 2017
Total Scope 1
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Grenke’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 Grenke’s data sources below and access millions more through our Disclosure Search.

a. Grenke's Non-financial report 2024
a. Grenke's Non-financial report 2024
b. Grenke's Annual Report 2022
b. Grenke's Annual Report 2022

Insights into Grenke's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Grenke amounted to 3,650 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 Grenke decreased by 16.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Grenke's Scope 1 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e-24%-7%-16%
  • Total Scope 1
  • Year-over-Year Change

What are Grenke's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Grenke were 2,690 metric tons of CO₂ equivalent (tCO₂e). a

Has Grenke reduced its Scope 1 emissions over time?

Since 2021, Grenke's Scope 1 emissions have decreased by 40.12%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Grenke's Scope 1 emissions decreased by 15.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Grenke's Scope 2 emissions?

In 2024, Grenke reported Scope 2 greenhouse gas (GHG) emissions of 1,440 tCO₂e using the market-based method and 960 tCO₂e using the location-based method. a

Has Grenke reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Grenke's Scope 2 emissions (Location-Based) fell by 19.8% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Grenke use for Scope 2 reporting?

In 2024, Grenke reported its Scope 2 emissions using the market-based method and using the location-based method. a

Grenke's Scope 2 Emissions Over Time

202120222023202405501.1 k1.65 k2.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Grenke's Value Chain Emissions

In 2024, Grenke reported 4,183 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 Grenke includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Grenke's Scope 3 Emissions Over Time

202120222023202402 k4 k6 k8 ktCO2e-25%-23%+17%
  • Total Scope 3
  • Year-over-Year Change

What are Grenke's Scope 3 emissions?

In 2024, Grenke reported total Scope 3 emissions of 4,183 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Grenke reduced its Scope 3 emissions over time?

Since 2021, Grenke's Scope 3 emissions have decreased by 32.38%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Grenke's Scope 3 emissions increased by 16.81%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Grenke disclose?

In 2024, Grenke 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 Grenke's Scope 3 emissions?

In 2024, the largest contributors to Grenke's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,435 tCO₂e (34.31%)
  • Employee Commuting (Cat. 7): 1,383 tCO₂e (33.06%)
  • Fuel- and Energy-Related Services (Cat. 3): 772 tCO₂e (18.46%)

Grenke's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(18.5%)Employee Commuting(Cat. 7)(33.1%)Purchased Goods andServices (Cat. 1)(34.3%)

Insights into Grenke’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Grenke reported Scope 1 greenhouse gas (GHG) emissions of 2,690 tCO₂e and total revenues of USD 852 millions. This translates into an emissions intensity of 3.16 tCO₂e per millions USD. a

Grenke's Scope 1 Emissions Intensity Compared to Peers

5501,00010,000200,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)HHIGHHH & T GroupYear: 2024Scope 1: 271 tCO2eRevenue: $M 333Scope 1 Intensity: 0.81 tCO2e/$MMuangthai CapitalYear: 2024Scope 1: 11,153 tCO2eRevenue: $M 630Scope 1 Intensity: 17.71 tCO2e/$MHHHotai FinanceYear: 2023Scope 1: 1,440 tCO2eRevenue: $M 934Scope 1 Intensity: 1.54 tCO2e/$MSundaram FinanceYear: 2025Scope 1: 2,388 tCO2eRevenue: $M 493Scope 1 Intensity: 4.84 tCO2e/$MZenkoku HoshoYear: 2024Scope 1: 43 tCO2eRevenue: $M 341Scope 1 Intensity: 0.13 tCO2e/$MKrungthai CardYear: 2024Scope 1: 435 tCO2eRevenue: $M 627Scope 1 Intensity: 0.69 tCO2e/$MHypoportYear: 2024Scope 1: 2,078 tCO2eRevenue: $M 583Scope 1 Intensity: 3.56 tCO2e/$ML&T FinanceYear: 2025Scope 1: 386 tCO2eRevenue: $M 1,132Scope 1 Intensity: 0.34 tCO2e/$MAEON Credit Service (M)Year: 2023Scope 1: 167 tCO2eRevenue: $M 366Scope 1 Intensity: 0.46 tCO2e/$MZipYear: 2022Scope 1: 8 tCO2eRevenue: $M 429Scope 1 Intensity: 0.02 tCO2e/$MHousing and Urban DevelopmentYear: 2025Scope 1: 34 tCO2eRevenue: $M 421Scope 1 Intensity: 0.08 tCO2e/$MCredit SaisonYear: 2022Scope 1: 341 tCO2eRevenue: $M 2,976Scope 1 Intensity: 0.11 tCO2e/$MWestern UnionYear: 2023Scope 1: 4,132 tCO2eRevenue: $M 4,357Scope 1 Intensity: 0.95 tCO2e/$MSynchrony FinancialYear: 2024Scope 1: 168 tCO2eRevenue: $M 16,154Scope 1 Intensity: 0.01 tCO2e/$MSrisawadYear: 2023Scope 1: 1,090 tCO2eRevenue: $M 484Scope 1 Intensity: 2.25 tCO2e/$MGenteraYear: 2023Scope 1: 6,540 tCO2eRevenue: $M 1,827Scope 1 Intensity: 3.58 tCO2e/$MAeon Financial ServiceYear: 2023Scope 1: 2,458 tCO2eRevenue: $M 2,854Scope 1 Intensity: 0.86 tCO2e/$MFar East HorizonYear: 2024Scope 1: 51,912 tCO2eRevenue: $M 5,617Scope 1 Intensity: 9.24 tCO2e/$MIREDAYear: 2025Scope 1: 22 tCO2eRevenue: $M 774Scope 1 Intensity: 0.03 tCO2e/$MIIIndian Railway FinanceYear: 2025Scope 1: 21 tCO2eRevenue: $M 3,177Scope 1 Intensity: 0.01 tCO2e/$MGGGrenkeYear: 2024Scope 1: 2,690 tCO2eRevenue: $M 852Scope 1 Intensity: 3.16 tCO2e/$M

How does Grenke's GHG emissions intensity compare to its peers?

In 2024, Grenke reported a Scope 1 emissions intensity of 3.16 tCO₂e per millions USD. Compared to the peer group median of 0.75 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Grenke rank on GHG emissions intensity within its industry?

In 2024, Grenke ranked 16 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Grenke among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Grenke's Total Carbon Footprint

In 2024, Grenke reported a total carbon footprint of 7,833 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.62% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Grenke's total carbon footprint was Scope 3 emissions, accounting for 53.4% of the company's total carbon footprint, followed by Scope 1 emissions at 34.34%. a

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