Public Profile

Ringkobing Landbobank

Ringkøbing Landbobank, also known as Landbobanken, is a prominent financial institution headquartered in Ringkøbing, Denmark. Established in 1886, the bank has a rich history of serving the agricultural sector and local communities across the Central and Western Jutland regions. Specialising in banking services tailored for individuals, businesses, and agricultural clients, Ringkøbing Landbobank offers a unique blend of personal service and innovative financial solutions. Its core products include loans, savings accounts, and investment services, all designed to meet the specific needs of its diverse clientele. With a strong market position, the bank is recognised for its commitment to customer satisfaction and sustainable banking practices, making it a trusted partner in the Danish financial landscape.

DitchCarbon Score

How does Ringkobing Landbobank'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.

24

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Ringkobing Landbobank's score of 24 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

Ringkobing Landbobank's reported carbon emissions

In 2023, Ringkjøbing Landbobank reported total carbon emissions of approximately 139,000 kg CO2e from Scope 2 and 49,400 kg CO2e from Scope 1, alongside 8,340 kg CO2e from Scope 3 emissions. This reflects a continued commitment to monitoring and managing their carbon footprint across various scopes of emissions. Over the previous years, the bank has demonstrated significant fluctuations in its emissions. In 2022, total emissions were about -114,700 kg CO2e, indicating a net reduction, while in 2021, emissions were approximately -64,600 kg CO2e. The bank's Scope 1 emissions have varied, with 63,000 kg CO2e in 2020 and 55,600 kg CO2e in 2022, while Scope 2 emissions decreased from 307,400 kg CO2e in 2019 to 129,700 kg CO2e in 2022. Despite these reductions, Ringkjøbing Landbobank has not set specific reduction targets or climate pledges, which may limit their long-term climate strategy. The bank's emissions data highlights the importance of ongoing efforts to reduce carbon output and enhance sustainability practices within the financial sector.

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Add to project
20192020202120222023
Scope 1
29,200
00,000
00,000
00,000
00,000
Scope 2
307,400
000,000
000,000
000,000
000,000
Scope 3
-
00,000
00,000
0,000
0,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ringkobing Landbobank's primary industry is , 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. Ringkobing Landbobank 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.

Ringkobing Landbobank 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers