Public Profile

Vdk Bank

Vdk Bank, officially known as Vdk Spaarbank, is a prominent financial institution headquartered in Belgium. Established in 1956, the bank has built a strong reputation in the banking sector, primarily serving the regions of Flanders and Brussels. Vdk Bank focuses on retail banking, offering a range of core products and services, including savings accounts, loans, and investment solutions tailored to meet the needs of individual customers and small businesses. What sets Vdk Bank apart is its commitment to sustainable banking practices and customer-centric approach, ensuring that clients receive personalised financial advice. With a solid market position, Vdk Bank has achieved notable milestones, including recognition for its innovative digital banking services. As a trusted partner in the financial landscape, Vdk Bank continues to evolve, prioritising both community engagement and responsible banking.

DitchCarbon Score

How does Vdk Bank'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.

11

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.

13

Industry Benchmark

Vdk Bank's score of 11 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

75%

Vdk Bank's reported carbon emissions

In 2019, Vdk Bank reported total carbon emissions of approximately 2,858,000 kg CO2e, comprising 468,000 kg CO2e from Scope 1 and 2,390,000 kg CO2e from Scope 3 emissions. The bank has committed to achieving net-zero emissions across all scopes by 2050, with a long-term target initiated in 2023. This commitment aligns with industry standards and reflects Vdk Bank's dedication to addressing climate change within the banking sector. The bank's proactive approach includes participation in the Science Based Targets initiative (SBTi), reinforcing its commitment to sustainable practices and reducing its carbon footprint over the coming decades.

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2019
Scope 1
468,000
Scope 2
-
Scope 3
2,388,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vdk Bank'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. Vdk Bank is headquartered in BE, which has a rank of very low, indicating very low grid carbon intensity.

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.

Vdk Bank is committed to some reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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