Public Profile

DANSKE BANK

Danske Bank, officially known as Danske Bank A/S, is a leading financial institution headquartered in Sweden (SE). Established in 1871, the bank has evolved into a prominent player in the Nordic financial services sector, with significant operations across Denmark, Finland, Norway, and the Baltic countries. Specialising in retail banking, corporate banking, and wealth management, Danske Bank offers a diverse range of products and services, including personal loans, mortgages, and investment solutions. Its commitment to innovation and customer-centric solutions sets it apart in a competitive market. With a strong market position, Danske Bank has achieved notable milestones, including the introduction of digital banking services that enhance customer experience. The bank continues to focus on sustainable finance, reinforcing its reputation as a responsible financial partner in the region.

DitchCarbon Score

How does DANSKE BANK'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.

44

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.

26

Industry Benchmark

DANSKE BANK's score of 44 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

DANSKE BANK's reported carbon emissions

In 2023, Danske Bank reported total carbon emissions of approximately 9,292,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 1,954,000 kg CO2e. The bank has demonstrated a commitment to reducing its carbon footprint, with significant reductions observed over the years. For instance, in 2021, total emissions were about 7,400,000 kg CO2e, while in 2020, they were approximately 10,398,000 kg CO2e. This indicates a downward trend in emissions, particularly in Scope 1 and 2 categories. Danske Bank has set ambitious long-term climate commitments, aiming for net-zero emissions across all scopes by 2050. This commitment aligns with the Paris Agreement, reflecting the bank's dedication to sustainable financing practices. The bank's emissions data shows a proactive approach to managing its environmental impact, with a focus on reducing emissions across all operational scopes.

Unlock detailed emissions data

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

20162017201820192020202120222023
Scope 1
1,502,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000
-
Scope 2
5,789,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
-
Scope 3
11,373,000
00,000,000
00,000,000
0,000
0,000,000
0,000,000
0,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. DANSKE BANK'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. DANSKE BANK is headquartered in SE, which has a rank of very low, indicating very 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.

DANSKE BANK 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
RE 100
Climate Action 100
Race To Net Zero

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