KommuneKredit
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
KommuneKredit's score of 22 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KommuneKredit's reported carbon emissions
In 2024, KommuneKredit reported total carbon emissions of approximately 153,355,000 kg CO2e. This figure includes 7,000 kg CO2e from Scope 2 emissions and about 66,000 kg CO2e from Scope 3 emissions, with the majority stemming from fuel and energy-related activities, which accounted for approximately 137,421,000 kg CO2e. In 2023, the organisation's emissions were slightly lower, with Scope 2 emissions at 8,000 kg CO2e and Scope 3 emissions at about 55,000 kg CO2e. Notably, in 2021, KommuneKredit's emissions included significant Scope 1 emissions of approximately 1,876,302,000 kg CO2e, alongside 4,070,000 kg CO2e from Scope 2 and 2,768,000 kg CO2e from Scope 3. Despite these figures, KommuneKredit has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The organisation's climate commitments remain unspecified, and there is no inherited emissions data from a parent company. KommuneKredit's emissions data reflects its operational impact and highlights the need for future climate action and transparency in emissions reduction strategies.
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| 2021 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,876,302,000 | - | - |
| Scope 2 | 4,070,000 | 0,000 | 0,000 |
| Scope 3 | 2,768,000 | 00,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
