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Public Profile
Financial Intermediation
DK
updated 5 months ago

SAXO E*Bank A/S

Company website

SAXO E*Bank A/S, commonly known as Saxo Bank, is a leading online investment bank headquartered in Denmark (DK). Founded in 1992, the bank has established itself as a prominent player in the financial services industry, offering a wide range of products and services, including online trading, investment management, and financial advisory services. With a strong presence in Europe, Asia, and Australia, Saxo Bank is renowned for its innovative trading platforms and unique access to global financial markets. The bank's commitment to technology and customer-centric solutions has earned it numerous accolades, solidifying its position as a trusted partner for both retail and institutional investors. As a pioneer in the fintech space, Saxo Bank continues to redefine the investment landscape, making it a key player in the evolving world of online finance.

DitchCarbon Score

How does SAXO E*Bank A/S'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.

25

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.

27

Industry Benchmark

SAXO E*Bank A/S's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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SAXO E*Bank A/S's reported carbon emissions

SAXO E*Bank A/S, headquartered in Denmark (DK), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank is a current subsidiary of Saxo Bank A/S, which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges from SAXO E*Bank A/S, it is important to note that emissions data and climate strategies may be inherited from its parent company, Saxo Bank A/S. This relationship suggests that SAXO E*Bank A/S may align its climate commitments with those of Saxo Bank A/S, which is actively engaged in sustainability efforts. As of now, SAXO E*Bank A/S has not established specific science-based targets (SBTi) or documented reduction initiatives. The absence of emissions data and reduction targets highlights a potential area for development in their environmental strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SAXO E*Bank A/S'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. This request for SAXO E*Bank A/S is in DK, which has a low grid carbon intensity relative to other regions.

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.

SAXO E*Bank A/S 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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