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.
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
DANSKE BANK's score of 28 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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. This marks a reduction from 2022, where total emissions were about 8,362,000 kg CO2e, with Scope 1 and 2 emissions at approximately 2,307,000 kg CO2e. The bank's emissions have decreased significantly from 2020, when they were about 10,398,000 kg CO2e, and from 2019, which saw emissions of approximately 17,302,000 kg CO2e. DANSKE BANK has not disclosed specific reduction targets or commitments through the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed reduction initiatives suggests a need for further transparency regarding their long-term climate strategy. The emissions data is not cascaded from any parent organization, indicating that DANSKE BANK's reporting is independent. Overall, while DANSKE BANK has made progress in reducing its carbon footprint, the lack of formal reduction targets highlights an area for potential improvement in their climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | - | - | - | - |
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.
DANSKE BANK 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.
