Danske Bank A Slash S

Danske Bank A/S, headquartered in Denmark and operating within Financial intermediation services, except insurance and pension funding services (65), has reported its carbon emissions across various scopes.

In 2025, the bank's total emissions were approximately 6,622,000 kg CO2e. This comprised Scope 1 emissions of about 219,000 kg CO2e, and Scope 2 market-based emissions of approximately 1,211,000 kg CO2e. Scope 3 emissions for 2025 totalled around 5,192,000 kg CO2e, with business travel accounting for 4,915,000 kg CO2e and purchased goods and services contributing 276,000 kg CO2e.

For 2024, Danske Bank reported total emissions of approximately 9,327,000 kg CO2e. Scope 1 emissions stood at about 215,000 kg CO2e, while Scope 2 market-based emissions were 1,658,000 kg CO2e. Scope 3 emissions for 2024 were reported as 7,454,000 kg CO2e, with business travel being the largest component at 7,180,000 kg CO2e.

In 2023, total emissions were approximately 11,185,000 kg CO2e, with Scope 1 at 201,000 kg CO2e and Scope 2 market-based emissions at 1,753,000 kg CO2e. Scope 3 emissions reached about 9,231,000 kg CO2e, including 7,730,000 kg CO2e from business travel and 1,314,000 kg CO2e from employee commute.

Danske Bank has established several climate commitments. It has set a near-term target to reduce the weighted average carbon intensity of its investment products by at least 50% by 2030, using a 2020 baseline. Furthermore, the bank has a target to reduce its Scope 1 and 2 intensity by 1% by 2030, also against a 2020 baseline. Danske Bank is committed to Net Zero by 2050.