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.
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
Boligbank's score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Boligbank's reported carbon emissions
In 2023, Boligbank reported total carbon emissions of approximately 1,062,000 kg CO2e, reflecting a significant increase from 2022's emissions of about 490,000 kg CO2e. This data encompasses Scope 1 and 2 emissions, with no reported Scope 3 emissions. The emissions data is cascaded from its parent company, Nykredit Asset Management A/S, indicating a corporate family relationship. Over the past few years, Boligbank's emissions have fluctuated, with 2021 emissions recorded at about 727,000 kg CO2e and 2020 at approximately 1,409,000 kg CO2e. The highest recorded emissions were in 2018, totalling around 3,980,000 kg CO2e, which included 90,000 kg CO2e from Scope 1, 2,909,000 kg CO2e from Scope 2, and 981,000 kg CO2e from Scope 3. Despite these figures, Boligbank has not established specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction initiatives suggests a need for enhanced strategies to address its carbon footprint effectively. The organisation's commitment to sustainability remains a critical area for future development, particularly in aligning with industry standards for climate action.
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| 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 90,000 | - | - | - | - |
| Scope 2 | 2,909,000 | - | - | - | - |
| Scope 3 | 981,000 | - | - | - | - |
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.
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.
