Key Performance Indicators to criteria 13

Key Performance Indicator GRI SRS-305-1: Direct (Scope 1) GHG emissions
The reporting organization shall report the following information:

a. Gross direct (Scope 1) GHG emissions in metric tons of CO2 equivalent.

b. Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3 or all.

c. Biogenic CO2 emissions in metric tons of CO2 equivalent.

d. Base year for the calculation, if applicable, including:
i. the rationale for choosing it;
ii. emissions in the base year;
iii. the context for any significant changes in emissions that triggered recalculations of base year emissions.

e. Source of the emission factors and the global warming potential (GWP) rates used, or a reference to the GWP source.

f. Consolidation approach for emissions; whether equity share, financial control, or operational control.

g. Standards, methodologies, assumptions, and/or calculation tools used.

Re a.
In 2020, the gross volume of direct THG emissions (Scope 1) amounted to 2,177 t of CO2 equivalent.
 
Re. b.
Direct THG emissions were calculated by converting the energy consumption in CO2 equivalent on the basis of the key data sheet published by the VfU. Emission factors are calculated on the basis of the “Ecoinvent“ database (https://www.ecoinvent.org/), V. 3.4, October 2017.
 
Re c.
The Bank releases no biogenic emissions.
 
Re d.
No basic year was specified. OLB prepared its first Non-financial Report for the year 2017. No comparability with any of the previous years can be ensured at the moment, due to the merger of Bremer Kreditbank AG and of Bankhaus Neelmeyer AG with OLB in 2018 and the merger of Wüstenrot Bank AG Pfandbriefbank with OLB in the year 2019.
 
Re e.
The Bank uses VfU’s key data sheet for calculating the THG emissions.
 
Re f.
OLB uses the consolidation approach of operating control.
 
Re g.
OLB’s disclosures are based on the statements submitted by its energy providers and it uses, inter alia, the key data sheet published by VfU for its calculations.

Key Performance Indicator GRI SRS-305-2: Energy indirect (Scope 2) GHG emissions
The reporting organization shall report the following information:

a. Gross location-based energy indirect (Scope 2) GHG emissions in metric tons of CO2 equivalent.

b. If applicable, gross market-based energy indirect (Scope 2) GHG emissions in metric tons of CO2 equivalent.

c. If available, the gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all.

d. Base year for the calculation, if applicable, including:
i. the rationale for choosing it;
ii. emissions in the base year;
iii. the context for any significant changes in emissions that triggered recalculations of base year emissions.

e. Source of the emission factors and the global warming potential (GWP) rates used, or a reference to the GWP source.

f. Consolidation approach for emissions; whether equity share, financial control, or operational control.

g. Standards, methodologies, assumptions, and/or calculation tools used.

Re a.
In the year 2020, the gross volume of indirect and energy-related THG emissions (Scope 2) amounted to 3,106 t of CO2 equivalent.
 
Re b.
The gross volume of market-based indirect energy-related THG emissions (Scope 2) in the year 2020 stood at 0.0 tonnes of CO2 equivalent.
 
Re c.
Indirect energy-related THG emissions are calculated by converting the energy consumption in CO2 equivalent on the basis of the key data sheet of VfU. Emission factors are calculated therein based on the “Ecoinvent“ database (https://www.ecoinvent.org/), V. 3.4, October 2017.
 
Re d.
No basic year was specified. OLB prepared its first Non-financial Report for the year 2017. No comparability with any of the previous years can be ensured at the moment, due to the merger of Bremer Kreditbank AG and of Bankhaus Neelmeyer AG with OLB in 2018 and the merger of Wüstenrot Bank AG Pfandbriefbank with OLB in the year 2019.
 
Re e.
The Bank uses VfU’s key data sheet for calculating the THG emissions. Emission factors are calculated therein based on the “Ecoinvent“ database (https://www.ecoinvent.org/), V. 3.4, October 2017.
 
Re f.
OLB uses the consolidation approach of operating control.
 
Re g.
OLB’s disclosures are based on the statements submitted by its energy providers and uses, inter alia, the key data sheet published by VfU for its calculations.

Key Performance Indicator GRI SRS-305-3: Other indirect (Scope 3) GHG emissions
The reporting organization shall report the following information:

a. Gross other indirect (Scope 3) GHG emissions in metric tons of CO2 equivalent.

b. If available, the gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all.

c. Biogenic CO2 emissions in metric tons of CO2 equivalent.

d. Other indirect (Scope 3) GHG emissions categories and activities included in the calculation.

e. Base year for the calculation, if applicable, including:
i. the rationale for choosing it;
ii. emissions in the base year;
iii. the context for any significant changes in emissions that triggered recalculations of base year emissions.

f. Source of the emission factors and the global warming potential (GWP) rates used, or a reference to the GWP source.

g. Standards, methodologies, assumptions, and/or calculation tools used.

Re a.
The gross volume of other indirect energy-related THG emissions (Scope 3) amounted to 1,473 t of CO2 equivalent in 2020.
 
Re b.
Indirect energy-related THG emissions are calculated by converting the energy consumption in CO2 equivalent on the basis of the key data sheet of VfU. Emission factors are calculated therein based on the “Ecoinvent“ database (https://www.ecoinvent.org/), V. 3.4, October 2017.
 
Re c.
The Bank releases no biogenic emissions.
 
Re d.
Other indirect THG emissions are calculated using VfU‘s key data sheet. The calculation key takes account of the categories of electricity, heating, traffic, paper, water and waste.
 
Re e.
No basic year was specified. OLB prepared its first Non-financial Report for the year 2017. No comparability with any of the previous years can be ensured at the moment, due to the merger of Bremer Kreditbank AG and of Bankhaus Neelmeyer AG with OLB in 2018 and the merger of Wüstenrot Bank AG Pfandbriefbank with OLB in the year 2019.
 
Re f.
The Bank uses VfU’s key data sheet for calculating the THG emissions. Emission factors are calculated therein based on the “Ecoinvent“ database“ (https://www.ecoinvent.org/), V. 3.4, October 2017.
 
Re g.
OLB’s disclosures are based on the statements submitted by its energy providers and it uses, inter alia, the key data sheet published by VfU for its calculations.

Key Performance Indicator GRI SRS-305-5: Reduction of GHG emissions
The reporting organization shall report the following information:

a. GHG emissions reduced as a direct result of reduction initiatives, in metric tons of CO2 equivalent.

b. Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all.

c. Base year or baseline, including the rationale for choosing it.

d. Scopes in which reductions took place; whether direct (Scope 1), energy indirect (Scope 2), and/or other indirect (Scope 3).

e. Standards, methodologies, assumptions, and/or calculation tools used.

The scope of the reduction of the THG emissions as a direct consequence of the manifold initiatives of the Bank to reduce its emissions cannot be validly determined.
 
One reason is that the consumption of heating energy depends mainly on fluctuations of the weather conditions and can thus not be influenced by us. On the other hand, the merger of Bremer Kreditbank AG and Neelmeyer AG with OLB in 2018 and the merger of Wüstenrot Bank AG Pfandbriefbank with OLB in 2019 makes it hard for OLB to ensure a comparability with previous year.