Alm Brand

Alm. Brand, a financial intermediation services company headquartered in Denmark, has reported significant progress in its climate action. For the reporting year 2025, the company’s total emissions were approximately 298.4 million kg CO2e. This figure comprises Scope 1 emissions of around 366,000 kg CO2e, Scope 2 emissions of approximately 1.5 million kg CO2e (market-based), and Scope 3 emissions totalling about 296.6 million kg CO2e. Scope 3 emissions were largely driven by investments (approximately 160.9 million kg CO2e) and the use of sold products (around 89.5 million kg CO2e).

In 2024, Alm. Brand’s total emissions stood at approximately 270.0 million kg CO2e, with Scope 1 at about 599,000 kg CO2e, Scope 2 at roughly 1.6 million kg CO2e (market-based), and Scope 3 at approximately 267.8 million kg CO2e. Key contributors to Scope 3 emissions in 2024 included investments (approximately 121.5 million kg CO2e) and the use of sold products (around 99.2 million kg CO2e).

Looking back, the company reported Scope 1 and 2 emissions in 2023 totalling approximately 61.7 million kg CO2e. In 2022, Scope 1 and 2 emissions were approximately 115.4 million kg CO2e. Prior to 2023, Scope 3 emissions data was not fully disclosed.

Alm. Brand has set ambitious reduction targets. The group aims to reduce its Scope 1 and 2 emissions by 42% by 2030, using 2024 as the base year. Furthermore, a prior target aimed to reduce combined Scope 1 and 2 emissions by 70% by 2030, relative to a 2022 baseline. These targets underscore Alm. Brand's commitment to mitigating its climate impact.