Merkur Andelskasse, also known as Merkur Cooperative Bank, is a prominent financial institution headquartered in Denmark (DK). Established in 1982, the bank has carved a niche in the cooperative banking sector, focusing on sustainable finance and ethical banking practices. With a strong presence in major operational regions across Denmark, Merkur Andelskasse serves a diverse clientele, including individuals and businesses committed to social responsibility.
The bank offers a range of unique products and services, including personal loans, savings accounts, and investment options, all designed with a focus on sustainability. Merkur Andelskasse is recognised for its commitment to financing projects that promote environmental and social well-being, positioning itself as a leader in the ethical banking industry. Its dedication to transparency and community engagement has earned it a loyal customer base and notable achievements in the cooperative banking landscape.
-7 vs industry average
Merkur Andelskasse’s score of 28 is lower than 42% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Merkur Andelskasse's reported carbon emissions
In 2022, Merkur Andelskasse reported total carbon emissions of approximately 8,556 kg CO2e, comprising 0 kg CO2e from Scope 1, 13,000 kg CO2e from Scope 2, and 8,505 kg CO2e from Scope 3 emissions, specifically from downstream transportation and distribution. The bank has set long-term climate commitments, aiming for net-zero emissions across all scopes by 2050, with a commitment initiated in 2023. However, it appears that some near-term targets have been removed or are currently unverified.
Merkur Andelskasse's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The bank operates within the financial sector in Denmark and is actively working towards enhancing its sustainability practices.
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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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Emissions comparison with industry peers
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Merkur Andelskasse
Frequently asked questions
Common questions about Merkur Andelskasse’s sustainability data and climate commitments
Data year: 2022
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