Public Profile

Boligbank

Boligbank, officially known as Nykredit, is a leading financial institution headquartered in Denmark (DK). Established in 1985, the company has grown to become a prominent player in the mortgage and banking sector, primarily serving the Danish market and expanding its reach across Northern Europe. Nykredit offers a range of core products, including mortgage loans, savings accounts, and investment services, distinguished by their customer-centric approach and innovative digital solutions. The bank has achieved significant milestones, including the introduction of sustainable financing options, positioning itself as a pioneer in the green finance movement. With a strong market presence and a commitment to responsible banking, Boligbank continues to be recognised for its reliability and expertise, making it a trusted choice for individuals and businesses seeking comprehensive financial services.

DitchCarbon Score

How does Boligbank'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.

33

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.

27

Industry Benchmark

Boligbank's score of 33 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Boligbank's reported carbon emissions

In 2023, Boligbank reported total carbon emissions of approximately 106,200 kg CO2e, comprising 27,000 kg CO2e from Scope 1 and 62,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where total emissions were about 490,000 kg CO2e, with Scope 1 at 33,000 kg CO2e and Scope 2 at 149,000 kg CO2e. Over the past few years, Boligbank has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The bank has consistently reported emissions data for Scope 1 and Scope 2, but there is currently no data available for Scope 3 emissions. The trend indicates a proactive approach towards climate responsibility, aligning with industry standards for transparency in emissions reporting. Boligbank's efforts contribute to broader climate commitments within the financial sector, although further details on specific reduction initiatives or targets would enhance their sustainability profile.

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201820192020202120222023
Scope 1
47,000
00,000
00,000
00,000
00,000
00,000
Scope 2
162,000
000,000
000,000
000,000
000,000
00,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Boligbank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Boligbank is in DK, which has a low grid carbon intensity relative to other regions.

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.

Boligbank is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers