KommuneKredit, officially known as KommuneKredit A/S, is a prominent financial institution headquartered in Denmark (DK). Established in 1898, the company has played a pivotal role in providing financing solutions to municipalities and public sector entities across the country. With a strong focus on sustainable development, KommuneKredit offers a range of unique products and services, including loans and advisory services tailored to the needs of local governments. Operating primarily in Denmark, KommuneKredit has established itself as a key player in the public finance sector, supporting various infrastructure projects and community initiatives. The company is recognised for its commitment to responsible lending and has achieved notable milestones in promoting green financing. With a solid market position, KommuneKredit continues to be a trusted partner for municipalities, helping them navigate the complexities of public financing while fostering sustainable growth.
How does KommuneKredit'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.
KommuneKredit's score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, KommuneKredit reported total carbon emissions of approximately 153,355,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 66,000 kg CO2e. The majority of their emissions stemmed from fuel and energy-related activities, totalling approximately 137,421,000 kg CO2e. In 2023, the organisation's emissions were approximately 55,000 kg CO2e, all classified under Scope 3. In 2022, KommuneKredit disclosed emissions of about 51,000 kg CO2e in Scope 3, alongside 7,000 kg CO2e in Scope 2, indicating a focus on indirect emissions from their value chain. KommuneKredit has not set specific reduction targets or initiatives, nor do they have any climate pledges documented. Their emissions data is not cascaded from any parent organisation, indicating that all reported figures are derived directly from their own operations. Overall, KommuneKredit's emissions profile highlights a reliance on Scope 3 emissions, particularly from energy-related activities, while lacking formal commitments to reduce their carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,010 | - | - | - | - | - | - | - | - |
Scope 2 | 23,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | - | - |
Scope 3 | - | - | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
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.
KommuneKredit 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.