Jyske Bank

Jyske Bank's reported carbon emissions

Jyske Bank reported total carbon emissions of approximately 2.14 billion kg CO2e for 2024. This figure encompasses Scope 1, 2, and 3 emissions. In 2023, Jyske Bank's total emissions were approximately 2.01 billion kg CO2e. The breakdown for this year included approximately 639,000 kg CO2e for Scope 1, approximately 358,000 kg CO2e for Scope 2 (market-based), and approximately 2.01 billion kg CO2e for Scope 3. Key contributors to Scope 3 emissions in 2023 were investments (approximately 1.71 billion kg CO2e) and downstream leased assets (approximately 292 million kg CO2e). For 2022, Jyske Bank's total emissions were approximately 1.85 billion kg CO2e. Scope 1 emissions were around 603,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 404,000 kg CO2e. Scope 3 emissions totalled approximately 1.85 billion kg CO2e, with investments accounting for about 1.59 billion kg CO2e. In 2021, total emissions were approximately 2.05 billion kg CO2e, with Scope 1 at around 655,000 kg CO2e and Scope 2 (market-based) at approximately 529,000 kg CO2e. Scope 3 emissions were approximately 2.05 billion kg CO2e, with investments representing about 1.83 billion kg CO2e. Jyske Bank has set a near-term reduction target to decrease CO2e emissions associated with its own operations (Scopes 1 and 2) by 65% by 2030, relative to a 2020 baseline. This target covers all activities within Scopes 1 and 2. The bank also has a longer-term commitment, aligned with a 1.5°C pathway, to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by Fiscal Year 2032 from a Fiscal Year 2022 base year. Furthermore, Jyske Bank aims for 72.5% of its suppliers, by emissions covering purchased goods and services, to have science-based targets by FY2028.