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.
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
Vdk Bank's score of 38 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 interim targets set for 2030. As of 2023, Vdk Bank's portfolio targets cover about 44% of its total investment and lending by financed emissions, indicating a significant commitment to reducing financed emissions. The bank's targets align with the Science Based Targets initiative (SBTi) and are designed to support the global goal of limiting temperature rise to 1.5°C.
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| 2019 | |
|---|---|
| Scope 1 | 468,000 |
| Scope 2 | - |
| Scope 3 | 2,388,000 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
