Our status quo and timetable for emissions reduction
Basis for calculation
Rentenbank’s directly and indirectly caused emissions are calculated in accordance with the Greenhouse Gas Protocol (GHG Protocol), which is an established worldwide standard for measuring greenhouse gas emissions. Emissions are assigned to one of three different types (“Scopes”) to ensure comprehensive, transparent accounting.
Figure 5: Methodology of the Greenhouse Gas Protocol1, source: WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard (PDF), page 5.
Please note that under the Greenhouse Gas Protocol, our Scope-3-emissions include the Scope-1-and-2-emissions of the agricultural enterprises we finance.