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Merkur Andelskasse, widely known as Merkur, is a pioneering Danish financial institution headquartered in Denmark. Established in 1982, this cooperative bank has consistently focused on sustainable banking within the financial intermediation services sector, setting a benchmark for ethical finance. Merkur stands out for its deep commitment to environmental and social responsibility.
As a leading sustainable bank in Denmark, Merkur Andelskasse offers a comprehensive suite of personal and business financial services. This includes ethically-screened savings accounts, green loans for impactful projects, and responsible investment opportunities. Their unique model ensures all funds are directed towards initiatives that actively contribute to positive societal and environmental change, making them a distinctive and responsible financier.
28
DitchCarbon score
-9 vs industry average
Merkur Andelskasse’s score of 28 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Merkur Andelskasse's reported carbon emissions
Merkur Andelskasse, a Danish financial intermediation services provider, has not disclosed its complete Scope 1, 2, and 3 emissions data for 2024 and 2023.
In 2022, Merkur Andelskasse reported Scope 2 emissions of approximately 13,000 kg CO2e and Scope 3 downstream transportation and distribution emissions of about 8,505 kg CO2e. There were no Scope 1 emissions reported for this year.
For 2021, the company's Scope 2 emissions were approximately 13,000 kg CO2e, and Scope 3 downstream transportation and distribution emissions were about 10,319 kg CO2e, with no Scope 1 emissions reported.
In 2020, Merkur Andelskasse reported Scope 2 emissions of approximately 18,000 kg CO2e, with no Scope 1 emissions. Scope 3 emissions were not disclosed for this year.
Merkur Andelskasse was previously committed to a Science Based Targets initiative (SBTi) Net-Zero target with a long-term timeframe spanning 2023 to 2050, covering all scopes. However, this commitment has since been removed. The company was also a BA1.5 member as of January 2022, but its near-term target status is currently listed as "Commitment removed" or "Removed" by SBTi.
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Merkur Andelskasse’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Merkur Andelskasse yet.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Merkur Andelskasse10 months ago
28
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Frequently asked questions
Common questions about Merkur Andelskasse’s sustainability data and climate commitments
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