Sydbank A/S Sustainability Profile
Sydbank A/S, a prominent player in the Danish banking sector, is headquartered in Aabenraa, Denmark (DK). Founded in 1967, the bank has established itself as a key financial institution, primarily serving the Southern Denmark region while also extending its operations across various parts of the country. Specialising in retail and corporate banking, Sydbank offers a diverse range of services, including personal banking, investment solutions, and asset management. What sets Sydbank apart is its commitment to personalised customer service and innovative financial products tailored to meet the unique needs of its clients. With a strong market position, Sydbank has achieved notable milestones, including recognition for its sustainable banking practices and customer satisfaction. As a trusted financial partner, Sydbank A/S continues to play a vital role in the economic landscape of Denmark.
DitchCarbon Score
How does Sydbank 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.
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
Sydbank A/S's score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sydbank A/S's reported carbon emissions
In 2024, Sydbank A/S reported total carbon emissions of approximately 598.2 million kg CO2e. This figure includes Scope 1 emissions of about 322,000 kg CO2e, Scope 2 emissions of approximately 371,000 kg CO2e (market-based), and Scope 3 emissions from downstream leased assets amounting to about 107.0 million kg CO2e. In 2023, the bank's total emissions were approximately 680.3 million kg CO2e, with Scope 1 emissions at about 371,000 kg CO2e, Scope 2 emissions of approximately 391,000 kg CO2e (market-based), and Scope 3 emissions from downstream leased assets reaching about 134.4 million kg CO2e. Notably, Sydbank A/S has not set specific reduction targets or initiatives as part of its climate commitments, and there are no emissions data cascaded from a parent company. The bank's emissions data reflects its independent reporting and performance in addressing climate change.
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| 2019 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Sydbank A/S's Industry?
How Carbon Intensive is Sydbank A/S's Location?
Sydbank A/S's Scope 3 Categories Breakdown
Sydbank A/S's Scope 3 emissions, which decreased by 20% last year and decreased by approximately 20% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" representing nearly all of their reported Scope 3 footprint.
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Sydbank A/S's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sydbank A/S has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
