Public Profile

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.

13

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.

13

Industry Benchmark

KommuneKredit's score of 13 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

KommuneKredit's reported carbon emissions

In 2023, KommuneKredit reported total carbon emissions of approximately 64,000 kg CO2e. This figure includes 8,000 kg CO2e from Scope 2 emissions and 55,000 kg CO2e from Scope 3 emissions, with no reported Scope 1 emissions. Over the years, KommuneKredit has demonstrated a commitment to reducing its carbon footprint. In 2022, total emissions were about 58,000 kg CO2e, indicating a slight increase in 2023. The organisation's emissions peaked in 2019 at approximately 101,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from business travel and purchased goods and services. Despite the fluctuations in emissions, KommuneKredit has not set specific reduction targets or initiatives as per the latest data. The absence of documented reduction targets suggests a need for a more structured approach to climate commitments. Overall, KommuneKredit's emissions profile reflects the challenges faced by organisations in managing their carbon impact, particularly in Scope 3 categories.

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Add to project
2014201520162017201820192020202120222023
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
Scope 3
-
-
-
-
000,000
00,000
00,000
00,000
00,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. KommuneKredit's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. KommuneKredit is headquartered in DK, which has a rank of low, indicating low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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