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 39 is higher than 64% 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 in the Netherlands. This includes 355,000 kg CO2e from Scope 1 emissions, 525,000 kg CO2e from Scope 2 emissions (market-based), and 1,354,000 kg CO2e from Scope 3 emissions, with significant contributions from business travel (527,000 kg CO2e) and employee commuting (652,000 kg CO2e). The bank 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, De Volksbank is committed to achieving climate neutrality by 2030, as outlined in their Integrated Annual Review 2021. This commitment includes the establishment of science-based targets to guide their emissions reduction efforts. In 2022, the bank's total emissions were reported at approximately 1,134,000 kg CO2e in the Netherlands, with Scope 1 emissions at 411,000 kg CO2e, Scope 2 emissions (market-based) at 315,000 kg CO2e, and Scope 3 emissions at 1,134,000 kg CO2e. The data reflects a consistent approach to monitoring and reducing carbon emissions across all scopes. De Volksbank's climate strategy is not cascaded from any parent organization, indicating a direct commitment to sustainability and emissions reduction within its operational framework.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 1,590,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 3,515,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 2,515,000 | 0,000,000 | 000,000 | 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.
