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Public Profile
Financial Intermediation
DK
updated 3 months ago

Sydbank A/S Sustainability Profile

Company website

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.

52

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.

32

Industry Benchmark

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.

71%

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Sydbank A/S's reported carbon emissions

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920232024
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sydbank A/S's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Sydbank A/S's Location?

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 Sydbank A/S is in DK, which has a very low grid carbon intensity relative to other regions.

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.

Top Scope 3 Categories

2024
Downstream Leased Assets
100%

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.

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

Compare Sydbank A/S's Emissions with Industry Peers

Bnp Paribas

FR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

DNB Group

NO
•
Services auxiliary to financial intermediation (67)
Updated 9 days ago

Rabobank

NL
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Nordea Bank

FI
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

KBC Group NV

BE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

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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

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