ALM. Brand A/S

Country

Denmark

Sector

Financial Services

Industry

Insurance - Diversified

Employees

2,294

Ticker

ALMB

Exchange

NASDAQ COPENHAGEN A/S

Website

investorrelations.almbrand.dk

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... Show more

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

In 2023, 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 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Categories of Scope 3 (1 category)
Investments (Cat. 15) Emissions from equity or debt investments, including project finance and portfolio holdings.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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

In 2023, the total operational greenhouse gas (GHG) emissions of ALM. Brand A/S amounted to 2,244 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of ALM. Brand A/S decreased by 12.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

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

Total Scope 1
Year-over-Year Change

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

In 2023, the total Scope 1 emissions of ALM. Brand A/S were 1,773 metric tons of CO₂ equivalent (tCO₂e).

Compared to the previous year (2022), ALM. Brand A/S's Scope 1 emissions decreased by 7.03%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

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

In 2023, ALM. Brand A/S reported Scope 2 greenhouse gas (GHG) emissions of 1,683 tCO₂e using the market-based method, and 471 tCO₂e using the location-based method.

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

Compared to the previous year (2022), ALM. Brand A/S's Scope 2 emissions (Location-Based) fell by 29.91% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

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

In 2023, ALM. Brand A/S reported its Scope 2 emissions using the market-based method and using the location-based method.

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

Total Scope 2 Location-Based
Total Scope 2 Market-Based

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

In 2023, ALM. Brand A/S reported 61,661 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of ALM. Brand A/S includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

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

Total Scope 3
Year-over-Year Change

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

In 2023, ALM. Brand A/S reported total Scope 3 emissions of 61,661 metric tons of CO₂ equivalent (tCO₂e).

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.

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 482.31%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), ALM. Brand A/S's Scope 3 emissions decreased by 46.58%, highlighting the company's efforts to lower indirect emissions from its value chain.

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

In 2023, ALM. Brand A/S reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to ALM. Brand A/S's Scope 3 emissions were:

Investments (Cat. 15): 61,661 tCO₂e (100%)

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

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

In 2023, ALM. Brand A/S reported a total carbon footprint of 63,905 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 45.84% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to ALM. Brand A/S's total carbon footprint was Scope 3 emissions, accounting for 96.49% of the company's total carbon footprint, followed by Scope 1 emissions at 2.77%.

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