Merkur Andelskasse

Sustainability Report and Carbon Intensity Rankings

Is Merkur Andelskasse doing their part?

Their DitchCarbon score is 73

Merkur Andelskasse has a DitchCarbon Score of 73, indicating a relatively high level of sustainability in its operations. This score reflects the company’s commitment to reducing its carbon intensity and its success in lowering emissions. A score of 73 suggests that Merkur Andelskasse is actively engaged in efforts to minimize its environmental impact through sustainable practices.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Merkur Andelskasse operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Merkur Andelskasse is situated in Denmark, a country with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
22.17%

...this company is doing 22.17% better in emissions than the industry average.

Merkur Cooperative Bank, founded in 1982 and headquartered in Copenhagen, operates in the finance sector as Denmark’s leading sustainable bank. The bank specializes in ethical banking, supporting social justice and sustainable economic activities, including financing for social, cultural, and eco-friendly initiatives. As a founding member of the Global Alliance for Banking on Values, Merkur is committed to a banking model that prioritizes community service and environmental stewardship.

Good news, Merkur Andelskasse has embraced SBTi commitments

Merkur Andelskasse has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop a detailed plan to significantly cut its carbon footprint to prevent the worst impacts of climate change.

There’s always room for improvement,

DitchCarbon recommends...

Merkur Andelskasse should set definitive and attainable goals for reducing emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower their emissions by 30%.
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✓ Company emission source URLs

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.