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De Volksbank, headquartered in the Netherlands, is a prominent player in the financial intermediation services sector, specifically excluding insurance and pension funding. Founded in 2015, the bank emerged from the merger of several financial institutions, positioning itself as a customer-centric alternative in the Dutch banking landscape.
With a focus on sustainable banking, De Volksbank offers a range of core products and services, including personal and business banking solutions, mortgages, and savings accounts. Its commitment to transparency and social responsibility sets it apart from traditional banks.
Recognised for its innovative approach, De Volksbank has achieved significant milestones, including a strong market presence in the Netherlands, where it serves a diverse clientele. The bank's dedication to ethical finance and community engagement underscores its reputation as a trusted financial partner.
61
DitchCarbon score
+24 vs industry average
De Volksbank’s score of 61 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
De Volksbank's reported carbon emissions
De Volksbank, a Dutch financial intermediation services provider, reported total carbon emissions of approximately 4.8 million kg CO2e in 2024. This figure includes about 247,000 kg CO2e from Scope 1 emissions, approximately 391,000 kg CO2e from Scope 2 (market-based) emissions, and roughly 4.2 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were purchased goods and services (2.8 million kg CO2e), employee commute (761,000 kg CO2e), and business travel (477,000 kg CO2e).
Looking back, in 2023, the bank's total emissions were about 5.1 million kg CO2e, with Scope 1 at 371,000 kg CO2e, Scope 2 (market-based) at 364,000 kg CO2e, and Scope 3 at approximately 4.7 million kg CO2e. In 2022, total emissions stood at roughly 1.9 million kg CO2e, comprising 450,000 kg CO2e from Scope 1, 628,000 kg CO2e from Scope 2 (market-based), and 895,000 kg CO2e from Scope 3.
De Volksbank has committed to significant climate targets, aiming for climate neutrality by 2030 for its Scope 1 and Scope 2 emissions. Additionally, the bank is striving to reduce its Scope 1 and Scope 2 CO2 emissions by 13% in 2024 compared to a 2019 baseline. The organisation also has a long-term Net Zero 2050 ambition for its upstream Scope 3 emissions and aims for its entire balance sheet to be climate neutral by 2030, covering downstream Scope 3. In 2019, De Volksbank's total emissions were approximately 7.6 million kg CO2e, including about 1.6 million kg CO2e from Scope 1, 3.5 million kg CO2e from Scope 2, and 2.5 million kg CO2e from Scope 3.
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De Volksbank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
De Volksbank1 month ago
61
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Frequently asked questions
Common questions about De Volksbank’s sustainability data and climate commitments
De Volksbank reported total carbon emissions of approximately 3 million kg CO₂e in 2024. This figure includes around 247,000 kg CO₂e from Scope 1, approximately 391,000 kg CO₂e from Scope 2, and about 2.36 million kg CO₂e from Scope 3 emissions. The majority of Scope 3 emissions stem from purchased goods and services, business travel, and employee commuting. This data reflects the bank's ongoing commitment to transparency and sustainability in its operations.
Data year: 2024
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