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 20 is lower than 80% 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 68,989,000 kg CO2e for Scope 1, 20,600,000 kg CO2e for Scope 2, and 41,092,000 kg CO2e for Scope 3 emissions. This reflects a commitment to reducing their carbon footprint across all scopes, particularly in their investment and lending activities. The bank has set near-term targets aligned with a 1.5°C pathway, aiming to cover 74% of its investment and lending activities as of 2020. These targets are designed to ensure that emissions from their operations (Scopes 1 and 2) are consistent with the reductions necessary to limit global warming to 1.5°C. In previous years, De Volksbank's emissions were significantly higher, with Scope 1 emissions reaching about 4,448,000,000 kg CO2e in 2020 and Scope 2 emissions at approximately 6,070,000,000 kg CO2e. The bank's proactive approach to climate commitments demonstrates its dedication to sustainability and responsible banking practices within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 7,621,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 6,070,000,000 | 0,000,000,000 | 000,000 | 000,000 | 00,000,000 |
Scope 3 | 1,800,000 | 0,000,000 | 00,000,000,000 | 00,000,000 | 00,000,000 |
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 committed to some reduction initiatives 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.