Merkur Andelskasse
Merkur Andelskasse, also known as Merkur Cooperative Bank, is a prominent financial institution headquartered in Denmark (DK). Established in 1982, the bank has carved a niche in the cooperative banking sector, focusing on sustainable finance and ethical banking practices. With a strong presence in major operational regions across Denmark, Merkur Andelskasse serves a diverse clientele, including individuals and businesses committed to social responsibility. The bank offers a range of unique products and services, including personal loans, savings accounts, and investment options, all designed with a focus on sustainability. Merkur Andelskasse is recognised for its commitment to financing projects that promote environmental and social well-being, positioning itself as a leader in the ethical banking industry. Its dedication to transparency and community engagement has earned it a loyal customer base and notable achievements in the cooperative banking landscape.
DitchCarbon Score
How does Merkur Andelskasse'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
Merkur Andelskasse's score of 15 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Merkur Andelskasse's reported carbon emissions
In 2023, Merkur Andelskasse reported total carbon emissions of approximately 2,837,000 kg CO2e. This figure includes 15,000 kg CO2e from Scope 2 emissions and about 2,500,000 kg CO2e from Scope 3 emissions, which primarily stem from purchased goods and services as well as downstream transportation and distribution. The bank has shown a significant reduction in emissions over the years, with total emissions decreasing from about 10,354,000 kg CO2e in 2019 to the latest figure in 2023. Notably, Scope 2 emissions have also decreased from 31,000 kg CO2e in 2019 to 15,000 kg CO2e in 2023, indicating a commitment to improving energy efficiency. Merkur Andelskasse has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment encompasses all scopes of emissions, aligning with the Science Based Targets initiative (SBTi) framework. The bank is actively working towards this goal, with a near-term target status classified as "Committed." Overall, Merkur Andelskasse is making strides in reducing its carbon footprint while adhering to industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | 31,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | 00,000 | 0,000,000 | 0,000,000 |
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.
Merkur Andelskasse is committed to some 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.
