Topdanmark

In 2023, Topdanmark reported total carbon emissions of approximately 5,539,200 kg CO2e. This includes Scope 1 emissions of about 752,800 kg CO2e, Scope 2 emissions of approximately 2,297,500 kg CO2e, and Scope 3 emissions of around 2,488,900 kg CO2e. The company has set ambitious climate commitments, aiming for a net-zero target by 2050. They plan to achieve a 45% reduction in carbon emissions for Scopes 1 and 2 by 2025, compared to 2019 levels, and a 70% reduction across all scopes by 2030.

Topdanmark's emissions data is cascaded from its parent organization, Topdanmark A/S, and reflects their commitment to sustainability within the financial services sector. The company is a member of the Science Based Targets initiative (SBTi) and has established targets consistent with limiting global warming to 1.5°C. Their long-term strategy includes significant reductions in emissions from their investment and lending portfolios, covering 70% of total balance sheet assets as of 2022.