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.
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.
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.
Sydbank A/S's score of 52 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Sydbank A/S reported total carbon emissions of approximately 598,183,000 kg CO2e. This figure includes 322,000 kg CO2e from Scope 1 emissions, 371,000 kg CO2e from market-based Scope 2 emissions, and 107,049,000 kg CO2e from downstream leased assets under Scope 3. In 2023, the bank's total emissions were about 680,267,000 kg CO2e, with Scope 1 emissions at 371,000 kg CO2e, market-based Scope 2 emissions at 391,000 kg CO2e, and Scope 3 emissions from downstream leased assets at 134,382,000 kg CO2e. Sydbank A/S has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by Sydbank A/S. The bank's emissions data reflects its operational impact and highlights the need for ongoing assessment and potential strategies for emissions reduction in the future.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 |
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.
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.
