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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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0000000
Total Scope 2
Market-Based
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b
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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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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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 ofALM. Brand A/S amounted to854metric 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/Sdecreased by 61.94%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

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 COâ‚‚ equivalent (tCOâ‚‚e).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.ab

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 tCOâ‚‚e using the market-based method and 255 tCOâ‚‚e 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.ab

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 COâ‚‚ equivalent (tCOâ‚‚e) 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 3of 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 chaina

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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave increased by 2,341.25%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

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.ab

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 tCOâ‚‚e(47%)
  • Use of Sold Products (Cat. 11): 99,208 tCOâ‚‚e(38.38%)
  • Purchased Goods and Services (Cat. 1): 37,787 tCOâ‚‚e(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 tCOâ‚‚e and total revenues of USD 1,970 millions. This translates into an emissions intensity of 0.3 tCOâ‚‚e per millions USD.a

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

0.025500100,00020,000,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)AMSBB Seguridade ParticipacoesYear: 2023Scope 1: 209 tCO2eRevenue: $M 1,045Scope 1 Intensity: 0.20 tCO2e/$MAAAnadolu Anonim Turk Sigorta StiYear: 2024Scope 1: 637 tCO2eRevenue: $M 1,713Scope 1 Intensity: 0.37 tCO2e/$MMMMomentum Group LtdYear: 2024Scope 1: 2,650 tCO2eRevenue: $M 6,036Scope 1 Intensity: 0.44 tCO2e/$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: 2024Scope 1: 10,192 tCO2eRevenue: $M 26,885Scope 1 Intensity: 0.38 tCO2e/$MPorto SeguroYear: 2024Scope 1: 1,683 tCO2eRevenue: $M 5,912Scope 1 Intensity: 0.28 tCO2e/$MNN GroupYear: 2024Scope 1: 1,896 tCO2eRevenue: $M 11,463Scope 1 Intensity: 0.17 tCO2e/$MHarelYear: 2022Scope 1: 4,260,000 tCO2eRevenue: $M 3,599Scope 1 Intensity: 1,183.55 tCO2e/$MVaudoise Assurances HoldingYear: 2023Scope 1: 527 tCO2eRevenue: $M 1,784Scope 1 Intensity: 0.30 tCO2e/$MStar HealthYear: 2025Scope 1: 0 tCO2eRevenue: $M 2,000Scope 1 Intensity: 0.00 tCO2e/$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: $M 5,611Scope 1 Intensity: 0.20 tCO2e/$MAegean AirlinesYear: 2024Scope 1: 1,412,799 tCO2eRevenue: $M 1,849Scope 1 Intensity: 763.88 tCO2e/$MAXAYear: 2024Scope 1: 21,054 tCO2eRevenue: $M 93,490Scope 1 Intensity: 0.23 tCO2e/$MSun Life FinancialYear: 2024Scope 1: 45,601 tCO2eRevenue: $M 19,936Scope 1 Intensity: 2.29 tCO2e/$MArch Capital GroupYear: 2024Scope 1: 2,252 tCO2eRevenue: $M 16,932Scope 1 Intensity: 0.13 tCO2e/$MICICI LombardYear: 2025Scope 1: 1,425 tCO2eRevenue: $M 2,915Scope 1 Intensity: 0.49 tCO2e/$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 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.37, this places the company below its industry benchmark, indicating it is more 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 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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.ab

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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