Jyske Bank

Jyske Bank, a Danish financial intermediation services provider, reported total carbon emissions of approximately 2.14 billion kg CO2e in 2024. This figure includes Scope 1 emissions of 640,000 kg CO2e, Scope 2 emissions (market-based) of 396,000 kg CO2e, and Scope 3 emissions of approximately 2.14 billion kg CO2e. A significant portion of their Scope 3 emissions in 2024 came from investments, accounting for approximately 1.96 billion kg CO2e, followed by downstream leased assets at 171.3 million kg CO2e, and employee commute at 3.2 million kg CO2e.

Looking back, Jyske Bank's total emissions were approximately 2.01 billion kg CO2e in 2023, approximately 1.85 billion kg CO2e in 2022, and approximately 2.05 billion kg CO2e in 2021.

Jyske Bank has committed to reducing CO2e emissions associated with its own operations (Scope 1 and Scope 2) by 65% by 2030, relative to a 2020 baseline. While Jyske Bank itself does not have Science Based Targets initiative (SBTi) commitments, some SBTi targets are cascaded from JYSK (an entity not directly identified as a parent or related organisation in the provided data, but listed in the SBTi information). These cascaded targets, originating from JYSK, commit to a 50.4% absolute reduction in Scope 1 and 2 GHG emissions by FY2032 from a FY2022 base year. Additionally, 72.5% of JYSK's suppliers, by emissions covering purchased goods and services, are committed to having science-based targets by FY2028.