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.

2020: 11,637 t CO2e from petrol (car) 2019: 12,782 t CO2e from petrol (car)
2020: 1,598 t CO2e from diesel (car) 2019: 3,247 t CO2e from diesel (car)
2020: 64.49 t CO2e from heating oil in 2019: 46,426 t CO2e from heating oil
2020: 205,566 t CO2e from gas in 2019: 266.63 t CO2e from gas

http://www.iwr.de/re/eu/co2/co2.html
Federal Motor Transport Authority (Kraftfahrtbundesamt) - specialist article: Emissions and fuels as of 15 March 2011
https://www.primaklima.org/mein-klima/mein-co2-fussabdruck/

Petrol and diesel CO2e
www.co2online.de/klima-schuetzen/mobilitaet/auto-co2-ausstoss/

The classification of the scopes is in line with the standards of the Greenhouse Gas Protocol.

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.

2020: 118.63 t CO2e from electricity, 2019: 136,655 t CO2e from electricity
Overall mix of CO2 emissions from 164g/kWh electricity calculated using Mainova electricity labelling 
https://www.primaklima.org/mein-klima/mein-co2-fussabdruck

The classification of the scopes is in line with the standards of the Greenhouse Gas Protocol.

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.

Rentenbank has not yet captured scope 3 emissions (business travel, employee commuting, print/paper and waste) in 2020.

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.

Overall, emissions in 2020 fell significantly from 465.84 t CO2e to 401.92 t CO2e compared to the prior year (2019). 1.16 t CO2e and 1.51 t CO2e were emitted per employee in 2020 (309 employees) and 2019 (347 employees) respectively. This corresponds to a reduction of 23% per employee.

Greenhouse gas emissions have been documented since 2019 (scopes 1 and 2). Due to the brief timeframe and the special circumstances of the COVID-19 pandemic and Rentenbank’s move during the 2020 financial year, a direct comparison of the emissions calculated with those in 2019 is inconclusive and therefore cannot be attributed to specific measures.