Danske Bank A Slash S

Danske Bank A/S, a financial intermediation services company headquartered in Denmark, reported total emissions of approximately 6.6 million kg CO2e in 2025. This includes about 219,000 kg CO2e from Scope 1, approximately 1.2 million kg CO2e from Scope 2 (market-based), and around 5.2 million kg CO2e from Scope 3 emissions. A significant portion of their Scope 3 emissions, about 4.9 million kg CO2e, was attributed to business travel.

Looking back, in 2024, their total emissions were approximately 9.3 million kg CO2e, with Scope 1 at 215,000 kg CO2e, Scope 2 (market-based) at 1.7 million kg CO2e, and Scope 3 at 7.5 million kg CO2e. In 2023, Danske Bank A/S reported total emissions of about 11.2 million kg CO2e, comprising approximately 201,000 kg CO2e for Scope 1, 1.8 million kg CO2e for Scope 2 (market-based), and 9.2 million kg CO2e for Scope 3.

Danske Bank A/S has set several climate commitments. They aim to reduce the weighted average carbon intensity of their investment products by at least 50% by 2030, against a 2020 baseline for both Scope 1 and Scope 2. The company is committed to achieving net-zero carbon emissions by 2050 or sooner, as guided by their Climate Action Plan and the Paris Agreement. This long-term net-zero target applies across all scopes of their emissions. Danske Bank is also recognised by the Science Based Targets initiative (SBTi) as a financial institution with a net-zero commitment.