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.

13

Industry Benchmark

Boligbank's score of 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

Boligbank's reported carbon emissions

In 2023, Boligbank reported total carbon emissions of approximately 1,062,000 kg CO2e, comprising 27,000 kg CO2e from Scope 1 and 62,000 kg CO2e from Scope 2 emissions. Over the years, the bank has demonstrated a commitment to reducing its carbon footprint, with notable reductions in emissions from previous years. For instance, in 2022, total emissions were about 490,000 kg CO2e, indicating a significant decrease in emissions. The bank's emissions data reveals a trend of decreasing Scope 1 and Scope 2 emissions over the years, with Scope 1 emissions dropping from 30,000 kg CO2e in 2021 to 27,000 kg CO2e in 2023. However, there are no specific reduction targets or initiatives disclosed in their climate commitments, which suggests a need for more structured climate action plans. Overall, Boligbank's emissions profile reflects a proactive approach to managing its carbon emissions, although further transparency regarding specific reduction targets would enhance its climate commitment narrative.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
201220162017201820192020202120222023
Scope 1
308,000
000,000
00,000
00,000
00,000
00,000
00,000
00,000
00,000
Scope 2
8,131,000
0,000,000
0,000,000
000,000
000,000
000,000
000,000
000,000
00,000
Scope 3
-
0,000,000
0,000,000
000,000
-
-
-
-
-

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. Boligbank is headquartered in DK, which has a rank of low, indicating low grid carbon 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 committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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