De Volksbank
De Volksbank N.V., headquartered in the Netherlands, is a prominent player in the Dutch banking industry, focusing on sustainable banking solutions. Founded in 2015, the bank emerged from the merger of several financial institutions, including SNS Bank, and has since established itself as a leader in ethical banking practices. Operating primarily in the Netherlands, De Volksbank offers a range of core products and services, including retail banking, mortgages, and savings accounts. Its commitment to transparency and customer-centric solutions sets it apart in a competitive market. Notably, the bank has received recognition for its efforts in promoting sustainability and social responsibility, reinforcing its position as a trusted financial partner for individuals and businesses alike.
DitchCarbon Score
How does De Volksbank'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
De Volksbank's score of 51 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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De Volksbank's reported carbon emissions
In 2023, De Volksbank reported total carbon emissions of approximately 1,354,000 kg CO2e, comprising 355,000 kg CO2e from Scope 1, 20,600,000 kg CO2e from Scope 2, and 1,354,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their carbon footprint across all scopes of emissions. In 2022, the bank's total emissions were about 1,336,000 kg CO2e, with Scope 1 emissions at 72,234 kg CO2e, Scope 2 at 28,978 kg CO2e, and Scope 3 emissions significantly higher at approximately 41,092 kg CO2e. The data indicates a focus on managing emissions, particularly in Scope 3, which often represents the largest share of a financial institution's carbon footprint. De Volksbank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, their ongoing reporting and emissions tracking suggest a commitment to improving their environmental impact. The bank's emissions intensity per full-time equivalent (FTE) for Scope 1 and 2 was reported at 210 kg CO2e in 2023, indicating a focus on reducing emissions relative to their workforce. Overall, De Volksbank's emissions data highlights their awareness of climate impact and the importance of sustainability in their operations, although specific reduction strategies remain unspecified.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 7,621,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 000,000 |
| Scope 2 | 6,070,000,000 | 0,000,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,800,000 | 0,000,000 | 00,000,000,000 | 00,000,000 | 0,000,000 |
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.
De Volksbank 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.
