KfW Development Bank | Sustainability Performance
KfW is a development bank providing financing for economic growth, environmental sustainability, and innovation. It supports public and private sector projects globally.
1948
Germany
5,001 - 10,000 employees
Banking
$10B+ in revenue
$1B - 10B in profitability
Sustainability Ranking & Industry Benchmark
#5596
Overall#268
in Germany#225
in BankingSustainability Maturity
Sustainability Intent
Overview
Environmental
Carbon certificatesDigital emissionsEnergy consumptionGovernance
Targets
Renewable energy
Laggard
Renewable electricity
Reveal data for 1 credit
100%2023
Industry rank: 22 out of 498
Total electricity consumption
and % renewables
(MWh, % of consumption)
Industry rank: 22 out of 498
Total electricity
Share of renewable electricity
Industry benchmark
Digital Emissions
CO2e per visit (g)
Industry benchmark
B/M 0.4 g
B
Environmental ScoreScore B
Green HostingNo
Controversy level
- KfW Bankengruppe (KfW, German Federal Republic 80% and German federal states 20% controlled state development bank) has faced sustained NGO criticism from Urgewald, Reclaim Finance, and Bank Information Center over alleged historic KfW IPEX/KfW Development Bank fossil fuel financing customer compliance practices including the contested historic Mozambique Coral South FLNG financing affecting KfW's institutional ESG investor concerns over Mozambique gas customer compliance practices.
Carbon certificate projects
Reveal data for 3 credits
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Sustainability targets and commitments
Reveal data for 1 credit
| Target | Year | Value | Scope | Baseline |
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