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.
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.
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.
Boligbank's score of 27 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Boligbank reported total carbon emissions of approximately 1,062,000 kg CO2e, encompassing Scope 1 and 2 emissions. This marks a significant reduction from 2020, when emissions were about 1,409,000 kg CO2e. The emissions data for 2022 and 2021 were 490,000 kg CO2e and 727,000 kg CO2e, respectively, indicating a downward trend in emissions over the years. Boligbank's emissions data is cascaded from its parent company, Nykredit Asset Management A/S, reflecting a corporate family relationship. However, there are currently no specific reduction targets or climate pledges documented for Boligbank, nor are there any disclosed initiatives aimed at reducing emissions. The organisation's commitment to addressing climate change is evident through its emissions reporting, although further details on specific reduction initiatives or targets are not available. As a current subsidiary, Boligbank aligns with the broader sustainability goals of its parent company, contributing to the overall reduction of carbon emissions within the corporate structure.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 90,000 | - | - | - | - |
Scope 2 | 2,909,000 | - | - | - | - |
Scope 3 | 981,000 | - | - | - | - |
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.