Danske Bank A/S
Danske Bank's GHG Emissions Data Preview
In 2023, 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 3 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 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 Danske Bank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Danske Bank amounted to 6,506 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 Danske Bank decreased by 20.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Danske Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Danske Bank's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Danske Bank were 201 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Danske Bank reduced its Scope 1 emissions over time?
Since 2019, Danske Bank's Scope 1 emissions have decreased by 63.78%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Danske Bank's Scope 1 emissions decreased by 17.96%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Danske Bank's Scope 2 emissions?
In 2023, Danske Bank reported Scope 2 greenhouse gas (GHG) emissions of 1,753 tCOâ‚‚e using the market-based method, and 6,305 tCOâ‚‚e using the location-based method.
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 57.22%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Danske Bank's Scope 2 emissions (Location-Based) fell by 20.21% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Danske Bank use for Scope 2 reporting?
In 2023, Danske Bank reported its Scope 2 emissions using the market-based method and using the location-based method.
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 2023, Danske Bank reported 7,338 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Danske Bank includes a breakdown across 3 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.
Danske Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Danske Bank's Scope 3 emissions?
In 2023, Danske Bank reported total Scope 3 emissions of 7,338 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Danske Bank reduced its Scope 3 emissions over time?
Since 2019, Danske Bank's Scope 3 emissions have decreased by 39.83%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Danske Bank's Scope 3 emissions increased by 21.19%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Danske Bank disclose?
In 2023, Danske Bank reported emissions for 3 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 Danske Bank's Scope 3 emissions?
In 2023, the largest contributors to Danske Bank's Scope 3 emissions were:
- Business Travel (Cat. 6): 5,837 tCOâ‚‚e (79.53%)
- Employee Commuting (Cat. 7): 1,314 tCOâ‚‚e (17.9%)
- Purchased Goods and Services (Cat. 1): 188 tCOâ‚‚e (2.56%)
Danske Bank's Scope 3 Emissions by Categories
Insights into Danske Bank's Total Carbon Footprint
In 2023, Danske Bank reported a total carbon footprint of 13,844 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.52% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Danske Bank's total carbon footprint was Scope 3 emissions, accounting for 53% of the company's total carbon footprint, followed by Scope 2 emissions at 45.54%.