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.
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.
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.
De Volksbank's score of 54 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, De Volksbank reported total carbon emissions of approximately 20,600,000 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. The Scope 1 emissions included 111,000 kg CO2e from mobile combustion and 244,000 kg CO2e from stationary combustion. The Scope 2 emissions were primarily from purchased electricity, accounting for 16,300 kg CO2e, while business travel and employee commute contributed significantly to Scope 3 emissions, with 527,000 kg CO2e and 652,000 kg CO2e, respectively. De Volksbank has set ambitious climate commitments, aiming for a 13% reduction in CO2 emissions by 2024 compared to 2019 levels for both Scope 1 and Scope 2 emissions. Additionally, the bank has pledged to achieve climate neutrality by 2030, with science-based targets outlined in their Integrated Annual Review 2021. The emissions data is not cascaded from any parent organization, and all figures are reported directly by De Volksbank N.V. This commitment to transparency and accountability reflects the bank's dedication to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,590,000 | 0,000,000 | 000,000 | 00,000,000 | 000,000 |
Scope 2 | 3,515,000 | 0,000,000 | 000,000 | 00,000,000 | 000,000 |
Scope 3 | 2,515,000 | 0,000,000 | 000,000 | 00,000,000 | 0,000,000 |
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.