Deutsche Pfandbriefbank AG 2023 Annual Report with Sustainability Disclosures
Company: Deutsche Pfandbriefbank AG
Sector: Finance & insurance
Country: Germany
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 176
The report states that pbb Group generated €90 million profit before tax in 2023 amid a challenging commercial real estate market. It also describes the establishment of a Group-wide ESG Committee responsible for ESG aspects and risks. By year-end, 73.6% of the real estate portfolio had a pbb "Green" scoring, supporting the bank's longer-term climate and sustainable-finance strategy.
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