ALM. Brand A/S

Country
Denmark
Sector
Financial Services
Industry
Insurance - Diversified
Employees
2,294
Ticker
ALMB
Exchange
NASDAQ COPENHAGEN A/S
Description
Alm. Brand A/S is a Danish financial services group engaged primarily in banking, insurance, and pension fund management. The company's primary function is to provide a wide range of financial product...

ALM. Brand A/S's GHG Emissions Data Preview

In 2024, ALM. Brand A/S completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

ALM. Brand A/S has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
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b
0000000
Total Scope 2
Market-Based
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a
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b
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b
0000000
Location-Based
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a
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b
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b
0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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b
0000000
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Verified Sources Behind ALM. Brand A/S’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore ALM. Brand A/S’s data sources below and access millions more through our Disclosure Search.

a. ALM. Brand A/S's Annual Report 2024
a. ALM. Brand A/S's Annual Report 2024
b. ALM. Brand A/S's Sustainability Report 2023
b. ALM. Brand A/S's Sustainability Report 2023

Insights into ALM. Brand A/S's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of ALM. Brand A/S amounted to 854 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of ALM. Brand A/S decreased by 61.94%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

ALM. Brand A/S's Scope 1 Emissions Over Time

20222023202405001 k1.5 k2 ktCO2e-7%-66%
  • Total Scope 1
  • Year-over-Year Change

What are ALM. Brand A/S's Scope 1 emissions?

In 2024, the total Scope 1 emissions of ALM. Brand A/S were 599 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), ALM. Brand A/S's Scope 1 emissions decreased by 66.22%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are ALM. Brand A/S's Scope 2 emissions?

In 2024, ALM. Brand A/S reported Scope 2 greenhouse gas (GHG) emissions of 1,591 tCO₂e using the market-based method and 255 tCO₂e using the location-based method. a

Has ALM. Brand A/S reduced its Scope 2 emissions over time?

Compared to the previous year (2023), ALM. Brand A/S's Scope 2 emissions (Location-Based) fell by 45.86% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b

What methodology does ALM. Brand A/S use for Scope 2 reporting?

In 2024, ALM. Brand A/S reported its Scope 2 emissions using the market-based method and using the location-based method. a

ALM. Brand A/S's Scope 2 Emissions Over Time

20222023202404509001.35 k1.8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into ALM. Brand A/S's Value Chain Emissions

In 2024, ALM. Brand A/S reported 258,504 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of ALM. Brand A/S includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

ALM. Brand A/S's Scope 3 Emissions Over Time

2021202220232024065 k130 k195 k260 ktCO2e+990%-47%+319%
  • Total Scope 3
  • Year-over-Year Change

What are ALM. Brand A/S's Scope 3 emissions?

In 2024, ALM. Brand A/S reported total Scope 3 emissions of 258,504 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 14.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.38% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has ALM. Brand A/S reduced its Scope 3 emissions over time?

Since 2021, ALM. Brand A/S's Scope 3 emissions have increased by 2,341.25%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), ALM. Brand A/S's Scope 3 emissions increased by 319.23%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does ALM. Brand A/S disclose?

In 2024, ALM. Brand A/S reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of ALM. Brand A/S's Scope 3 emissions?

In 2024, the largest contributors to ALM. Brand A/S's Scope 3 emissions were: a

  • Investments (Cat. 15): 121,509 tCO₂e (47%)
  • Use of Sold Products (Cat. 11): 99,208 tCO₂e (38.38%)
  • Purchased Goods and Services (Cat. 1): 37,787 tCO₂e (14.62%)

ALM. Brand A/S's Scope 3 Emissions by Categories

Investments(Cat. 15)(47.0%)Purchased Goods andServices (Cat. 1)(14.6%)Use of Sold Products(Cat. 11)(38.4%)

Insights into ALM. Brand A/S’s GHG Emissions Intensity Compared to Industry Peers

In 2024, ALM. Brand A/S reported Scope 1 greenhouse gas (GHG) emissions of 599 tCO₂e and total revenues of USD 1,970 millions. This translates into an emissions intensity of 0.3 tCO₂e per millions USD. a

ALM. Brand A/S's Scope 1 Emissions Intensity Compared to Peers

0.02220020,0002,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)MSBB Seguridade ParticipacoesYear: 2022Scope 1: 799,200 tCO2eRevenue: $M 879Scope 1 Intensity: 909.52 tCO2e/$MMMMomentum Group LtdYear: 2023Scope 1: 4,396 tCO2eRevenue: $M 5,210Scope 1 Intensity: 0.84 tCO2e/$MQatar Insurance Company QSPCYear: 2023Scope 1: 122 tCO2eRevenue: $M 2,590Scope 1 Intensity: 0.05 tCO2e/$MiA FinancialYear: 2024Scope 1: 6,757 tCO2eRevenue: $M 2,647Scope 1 Intensity: 2.55 tCO2e/$MCaixa Seguridade ParticipacoesYear: 2022Scope 1: 48 tCO2eRevenue: $M 319Scope 1 Intensity: 0.15 tCO2e/$MGrupo Catalana OccidenteYear: 2024Scope 1: 19,054 tCO2eRevenue: $M 2,587Scope 1 Intensity: 7.36 tCO2e/$MMapfreYear: 2023Scope 1: 10,422 tCO2eRevenue: $M 28,375Scope 1 Intensity: 0.37 tCO2e/$MPorto SeguroYear: 2023Scope 1: 1,853 tCO2eRevenue: $M 6,272Scope 1 Intensity: 0.30 tCO2e/$MNN GroupYear: 2024Scope 1: 1,896 tCO2eRevenue: $M 11,463Scope 1 Intensity: 0.17 tCO2e/$MVaudoise Assurances HoldingYear: 2023Scope 1: 527 tCO2eRevenue: $M 1,784Scope 1 Intensity: 0.30 tCO2e/$MStar HealthYear: 2024Scope 1: 0 tCO2eRevenue: $M 1,600Scope 1 Intensity: 0.00 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 39,855Scope 1 Intensity: 0.19 tCO2e/$MSSSagaYear: 2024Scope 1: 109,647 tCO2eRevenue: $M 731Scope 1 Intensity: 150.02 tCO2e/$MAegonYear: 2024Scope 1: 1,480 tCO2eRevenue: $M 20,302Scope 1 Intensity: 0.07 tCO2e/$MTalanxYear: 2024Scope 1: 13,090 tCO2eRevenue: $M 26,617Scope 1 Intensity: 0.49 tCO2e/$MPhoenix FinancialYear: 2024Scope 1: 3,783 tCO2eRevenue: $M 8,260Scope 1 Intensity: 0.46 tCO2e/$MSinar Mas MultiarthaYear: 2024Scope 1: 9,024 tCO2eRevenue: $M 1,621Scope 1 Intensity: 5.57 tCO2e/$MTrygYear: 2024Scope 1: 1,120 tCO2eRevenue: $M 5,611Scope 1 Intensity: 0.20 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 93,490Scope 1 Intensity: 0.23 tCO2e/$MSun Life FinancialYear: 2023Scope 1: 15,057 tCO2eRevenue: $M 28,817Scope 1 Intensity: 0.52 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MICICI LombardYear: 2024Scope 1: 907 tCO2eRevenue: $M 2,612Scope 1 Intensity: 0.35 tCO2e/$MAmerican International GroupYear: 2024Scope 1: 8,258 tCO2eRevenue: $M 27,272Scope 1 Intensity: 0.30 tCO2e/$MALM. Brand A/SYear: 2024Scope 1: 599 tCO2eRevenue: $M 1,970Scope 1 Intensity: 0.30 tCO2e/$M

How does ALM. Brand A/S's GHG emissions intensity compare to its peers?

In 2024, ALM. Brand A/S reported a Scope 1 emissions intensity of 0.3 tCO₂e per millions USD. Compared to the peer group median of 0.3 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does ALM. Brand A/S rank on GHG emissions intensity within its industry?

In 2024, ALM. Brand A/S ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

ALM. Brand A/S is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into ALM. Brand A/S's Total Carbon Footprint

In 2024, ALM. Brand A/S reported a total carbon footprint of 259,358 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 305.85% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to ALM. Brand A/S's total carbon footprint was Scope 3 emissions, accounting for 99.67% of the company's total carbon footprint, followed by Scope 1 emissions at 0.23%. a

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