De Volksbank

De Volksbank's reported carbon emissions

De Volksbank, headquartered in NL, is committed to reducing its environmental impact. For the reporting year 2024, the bank reported total emissions of approximately 1.27 million kg CO2e. This figure comprises Scope 1 emissions of approximately 247,000 kg CO2e and Scope 2 emissions of approximately 391,000 kg CO2e (market-based). Scope 3 emissions for 2024 are not fully detailed but include contributions from business travel and employee commutes. In 2023, De Volksbank's total emissions were approximately 1.33 million kg CO2e, with Scope 1 emissions at about 371,000 kg CO2e and Scope 2 emissions at approximately 364,000 kg CO2e (market-based). Looking at earlier data, in 2022, the bank reported total emissions of 1.97 million kg CO2e, with Scope 1 emissions at 450,000 kg CO2e and Scope 2 emissions at 628,000 kg CO2e (market-based). In 2021, total emissions were approximately 1.46 million kg CO2e, including Scope 1 emissions of 673,000 kg CO2e and Scope 2 emissions of 219,000 kg CO2e (market-based). In 2020, total emissions were around 6.07 million kg CO2e, with Scope 1 at 1.36 million kg CO2e and Scope 2 at an unspecified amount. In 2019, total emissions stood at approximately 7.62 million kg CO2e, with Scope 1 at 1.59 million kg CO2e. De Volksbank has established several climate commitments. The bank aims for climate neutrality by 2030 and has set science-based targets. Specifically, there is a near-term target to reduce Scope 1 and Scope 2 CO2 emissions by 13% by 2024 compared to 2019 levels. The bank also aims to achieve a climate-neutral balance sheet by 2030. In 2017, the bank reported its balance sheet was 25% climate neutral, with an ambition to reach 45% by 2020.