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 44 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, KommuneKredit reported total carbon emissions of 64,000 kg CO2e, with 8,000 kg CO2e attributed to Scope 2 emissions and 55,000 kg CO2e from Scope 3 emissions, primarily from purchased goods and services. This marks a slight increase from 2022, where emissions were recorded at 58,000 kg CO2e. KommuneKredit has not set specific reduction targets or initiatives as part of their climate commitments, indicating a lack of formalised strategies for emissions reduction at this time. The organisation's emissions data reflects a focus on Scope 2 and Scope 3 emissions, which are critical areas for many organisations aiming to mitigate their environmental impact. Overall, while KommuneKredit has made strides in tracking its carbon footprint, further commitments and reduction strategies may be necessary to align with industry standards and climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | 0,000 | - | - | - | - | - | - | - | - |
Scope 2 | 63,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 0,000 | 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 committed to any 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.