Jyske Bank

Jyske Bank's total carbon emissions in 2024 were approximately 2.14 billion kg CO2e. This figure includes Scope 1, Scope 2, and Scope 3 emissions. In the same year, Scope 1 emissions amounted to about 640,000 kg CO2e, while Scope 2 emissions (market-based) totalled approximately 396,000 kg CO2e. Scope 3 emissions were significantly larger, at approximately 2.14 billion kg CO2e, with investments accounting for the vast majority at around 1.96 billion kg CO2e.

In 2023, Jyske Bank reported total emissions of approximately 2.01 billion kg CO2e. Scope 1 emissions were reported as approximately 639,000 kg CO2e, and Scope 2 (market-based) emissions were approximately 358,000 kg CO2e. Scope 3 emissions were approximately 2.01 billion kg CO2e, with investments being the largest component at approximately 1.71 billion kg CO2e.

Jyske Bank has set a near-term target to reduce CO2e emissions associated with its own operations (Scopes 1 and 2) by 65% by 2030, relative to a 2020 baseline.

The bank's Science Based Targets initiative (SBTi) commitments include a long-term target to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50.4% by FY2032, using FY2022 as the base year. Additionally, Jyske Bank aims for 72.5% of its suppliers, by emissions from purchased goods and services, to have science-based targets by FY2028. These SBTi targets are described as consistent with keeping warming to 1.5°C.