Public Profile

Danske Bank A Slash S

Danske Bank A/S, headquartered in Denmark (DK), is a leading financial institution in Northern Europe, primarily serving the Nordic region. Founded in 1871, the bank has evolved significantly, marking key milestones such as its expansion into international markets and the development of innovative digital banking solutions. Operating in the banking and financial services industry, Danske Bank offers a comprehensive range of products, including personal banking, corporate finance, and investment services. Its commitment to sustainability and customer-centric solutions sets it apart in a competitive landscape. With a strong market position, Danske Bank is recognised for its robust financial performance and dedication to responsible banking practices, making it a trusted partner for individuals and businesses alike.

DitchCarbon Score

How does Danske Bank A Slash S'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.

24

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

Danske Bank A Slash S's score of 24 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Danske Bank A Slash S's reported carbon emissions

In 2023, Danske Bank A/S reported total carbon emissions of approximately 9,292,000 kg CO2e. This figure includes 201,000 kg CO2e from Scope 1 emissions, 1,753,000 kg CO2e from Scope 2 emissions (market-based), and a significant 7,338,000 kg CO2e from Scope 3 emissions. Over the years, Danske Bank has demonstrated a commitment to reducing its carbon footprint. Notably, the bank has set a long-term target to achieve net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitment, which began in 2023. This ambitious goal reflects the bank's recognition of the urgent need for climate action within the financial sector. In terms of historical emissions, Danske Bank's Scope 1 and 2 emissions have shown a downward trend from 2014, when they totalled approximately 30,000,000 kg CO2e, to 2022, when they were reported at about 2,206,000 kg CO2e (Scope 1 and market-based Scope 2 combined). This reduction highlights the bank's ongoing efforts to enhance energy efficiency and transition to more sustainable practices. Overall, Danske Bank A/S is actively working towards significant emissions reductions and is committed to aligning its operations with global climate goals, positioning itself as a responsible financial institution in the face of climate change.

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Add to project
2014201520162017201820192020202120222023
Scope 1
13,000,000
00,000,000
00,000,000
00,000,000
0,000,000
000,000
000,000
000,000
000,000
000,000
Scope 2
19,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
45
00
00
00
00,000,000
0,000,000
0,000,000
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 A Slash S'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 A Slash S 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.

Danske Bank A Slash S is committed to some 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?

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