BayernLB
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BayernLB has historical fossil fuel lending, although at the end of 2023 55.6% of its commercial energy portfolio was renewable energy lending. BayernLB exclusion policy is weak and enables the bank to fund expansion activities in the future.
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BayernLB has measured emissions enabled by its lending and has set a long-term decarbonization goal. We would like to see it set short-term sectoral goals and monitor progress against them.
We would also like to see it significantly improve its exclusion policies that currently have many loopholes.
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