Danske Bank A/S
Danske Bank's GHG Emissions Data Preview
In 2024, Danske Bank 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).
Danske Bank has also provided a category-level breakdown for 4 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Danske Bank’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 Danske Bank’s data sources below and access millions more through our Disclosure Search.
Insights into Danske Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Danske Bank amounted to 4,885 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 Danske Bank decreased by 24.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Danske Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Danske Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Danske Bank were 215 metric tons of CO₂ equivalent (tCO₂e). a
Has Danske Bank reduced its Scope 1 emissions over time?
Since 2019, Danske Bank's Scope 1 emissions have decreased by 61.26%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Danske Bank's Scope 1 emissions increased by 6.97%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Danske Bank's Scope 2 emissions?
In 2024, Danske Bank reported Scope 2 greenhouse gas (GHG) emissions of 2,063 tCO₂e using the market-based method and 4,670 tCO₂e using the location-based method. a
Has Danske Bank reduced its Scope 2 emissions over time?
Since 2019, Danske Bank's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 68.31%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Danske Bank's Scope 2 emissions (Location-Based) fell by 25.93% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Danske Bank use for Scope 2 reporting?
In 2024, Danske Bank reported its Scope 2 emissions using the market-based method and using the location-based method. a
Danske Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Danske Bank's Value Chain Emissions
In 2024, Danske Bank reported 51,441,598 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 Danske Bank includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Danske Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Danske Bank's Scope 3 emissions?
In 2024, Danske Bank reported total Scope 3 emissions of 51,441,598 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.98% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Danske Bank reduced its Scope 3 emissions over time?
Since 2019, Danske Bank's Scope 3 emissions have increased by 291,684.45%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Danske Bank's Scope 3 emissions increased by 557,170.05%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Danske Bank disclose?
In 2024, Danske Bank reported emissions for 4 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 Danske Bank's Scope 3 emissions?
In 2024, the largest contributors to Danske Bank's Scope 3 emissions were: a
- Investments (Cat. 15): 51,433,000 tCO₂e (99.98%)
- Business Travel (Cat. 6): 7,180 tCO₂e (0.01%)
- Employee Commuting (Cat. 7): 1,144 tCO₂e (0%)
Danske Bank's Scope 3 Emissions by Categories
Insights into Danske Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Danske Bank reported Scope 1 greenhouse gas (GHG) emissions of 215 tCO₂e and total revenues of USD 7,875 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD. a
Danske Bank's Scope 1 Emissions Intensity Compared to Peers
How does Danske Bank's GHG emissions intensity compare to its peers?
In 2024, Danske Bank reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 0.38 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Danske Bank rank on GHG emissions intensity within its industry?
In 2024, Danske Bank ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Danske Bank among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Danske Bank's Total Carbon Footprint
In 2024, Danske Bank reported a total carbon footprint of 51,446,483 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 326,814.17% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Danske Bank's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.01%. a