Arbejdernes Landsbank
Arbejdernes Landsbank, often referred to as AL Bank, is a prominent financial institution headquartered in Denmark (DK). Established in 1919, the bank has a rich history of serving the Danish community, with a strong presence in major operational regions across the country. Specialising in retail banking, Arbejdernes Landsbank offers a range of core products and services, including personal banking, mortgages, and investment solutions, all tailored to meet the unique needs of its customers. With a commitment to social responsibility and customer-centric values, the bank has positioned itself as a trusted partner in the financial sector. Notable achievements include a robust market presence and a reputation for exceptional customer service, making Arbejdernes Landsbank a key player in Denmark's banking landscape.
DitchCarbon Score
How does Arbejdernes Landsbank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Arbejdernes Landsbank's score of 42 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Arbejdernes Landsbank's reported carbon emissions
In 2023, Arbejdernes Landsbank reported total carbon emissions of approximately 781,988,000 kg CO2e. This figure includes 86,044,000 kg CO2e from Scope 1 emissions, 26,811,000 kg CO2e from Scope 2 emissions, and a significant 669,134,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions are primarily driven by investments, which accounted for about 321,813,000 kg CO2e. In 2022, the bank's total emissions were approximately 878,620,000 kg CO2e, with Scope 1 emissions at 104,316,000 kg CO2e, Scope 2 emissions at 32,053,000 kg CO2e, and Scope 3 emissions reaching 742,250,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. The bank has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. However, it is essential to note that the absence of defined reduction targets does not diminish the importance of their ongoing efforts to manage and report emissions across all scopes. As a financial institution, Arbejdernes Landsbank is likely aware of the growing emphasis on sustainability and climate responsibility within the banking sector.
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Add to project| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 47,910 | 00,000 | 000,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 376,060 | 000,000 | 000,000 | 000,000 | 00,000,000 |
| Scope 3 | 140,760 | 0,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Arbejdernes Landsbank is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
