De Volksbank
De Volksbank N.V., headquartered in the Netherlands, is a prominent player in the Dutch banking industry, focusing on sustainable banking solutions. Founded in 2015, the bank emerged from the merger of several financial institutions, including SNS Bank, and has since established itself as a leader in ethical banking practices. Operating primarily in the Netherlands, De Volksbank offers a range of core products and services, including retail banking, mortgages, and savings accounts. Its commitment to transparency and customer-centric solutions sets it apart in a competitive market. Notably, the bank has received recognition for its efforts in promoting sustainability and social responsibility, reinforcing its position as a trusted financial partner for individuals and businesses alike.
DitchCarbon Score
How does De Volksbank'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
De Volksbank's score of 54 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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De Volksbank's reported carbon emissions
In 2023, De Volksbank reported total carbon emissions of approximately 15,000,000 kg CO2e, with emissions distributed across various scopes: 355,000 kg CO2e (Scope 1), 20,600,000 kg CO2e (Scope 2), and 1,354,000 kg CO2e (Scope 3). The bank aims to achieve climate neutrality by 2030, with specific reduction targets of 13% in CO2 emissions by 2024 compared to 2019 levels for both Scope 1 and Scope 2 emissions. In 2022, the emissions were significantly higher, with Scope 1 emissions at 72,234,000 kg CO2e, Scope 2 at 28,978,000 kg CO2e, and Scope 3 at 41,092,000 kg CO2e. This indicates a commitment to reducing emissions over time, aligning with industry standards for climate action. De Volksbank's initiatives include a science-based target for its mortgage portfolio, aiming for a 59% reduction in emissions per square metre by 2030, compared to a 2020 baseline. The bank's comprehensive approach to sustainability reflects its dedication to mitigating climate impact and enhancing environmental responsibility.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 7,621,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 | 000,000 |
| Scope 2 | 6,070,000,000 | 0,000,000,000 | 000,000 | 00,000,000 | 000,000 |
| Scope 3 | 1,800,000 | 0,000,000 | 00,000,000,000 | 00,000,000 | 0,000,000 |
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.
De Volksbank is not participating in any 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.
