De Volksbank Sustainability Profile
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 78 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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De Volksbank's reported carbon emissions
In 2024, De Volksbank reported total global carbon emissions of approximately 1,602,304,000 kg CO2e. This includes Scope 1 emissions of about 247,000 kg CO2e, Scope 2 emissions of approximately 391,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 1,601,666,000 kg CO2e. The bank's emissions from investments alone accounted for about 7,576,012,000 kg CO2e. For the previous year, 2023, De Volksbank's global emissions were approximately 1,546,368,962 kg CO2e, with Scope 1 emissions at about 371,000 kg CO2e, Scope 2 emissions at approximately 364,000 kg CO2e (market-based), and Scope 3 emissions reaching around 1,351,000 kg CO2e. De Volksbank has set ambitious climate commitments, aiming for a 13% reduction in Scope 1 and Scope 2 emissions by 2024 compared to 2019 levels. Additionally, the bank has pledged to achieve climate neutrality by 2030, with specific science-based targets outlined in their Integrated Annual Review. The emissions data is not cascaded from any parent organization, and all figures are directly reported by De Volksbank N.V. The bank continues to focus on enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 595,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,515,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 2,515,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is De Volksbank's Industry?
How Carbon Intensive is De Volksbank's Location?
De Volksbank's Scope 3 Categories Breakdown
De Volksbank's Scope 3 emissions, which decreased by 63% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 473% of Scope 3 emissions.
Top Scope 3 Categories
De Volksbank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
De Volksbank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
