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Nordfyns Bank A/S
Nordfyns Bank's GHG Emissions Data Preview
In 2023, Nordfyns 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).
Nordfyns Bank 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) | 2023 | 2022 | 2021 | 2020 - 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.  b | 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.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | 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.  b | 0000000 |
Verified Sources Behind Nordfyns 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 Nordfyns Bank’s data sources below and access millions more through our Disclosure Search.
Insights into Nordfyns Bank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofNordfyns Bank amounted to116.7metric 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 2022, the total operational greenhouse gas (GHG) emissions of Nordfyns Bankdecreased by 11.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Nordfyns Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Nordfyns Bank's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Nordfyns Bank were 33.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Nordfyns Bank reduced its Scope 1 emissions over time?
Since 2021, Nordfyns Bank's Scope 1 emissions have increased by 21.17%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2022), Nordfyns Bank's Scope 1 emissions increased by 32.27%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Nordfyns Bank's Scope 2 emissions?
In 2023, Nordfyns Bank reported Scope 2 greenhouse gas (GHG) emissions of 83.5 tCOâ‚‚e using the market-based method.a
Has Nordfyns Bank reduced its Scope 2 emissions over time?
Compared to the previous year(2022), Nordfyns Bank's Scope 2 emissions(Market-Based) fell by 22.33% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Nordfyns Bank use for Scope 2 reporting?
In 2023, Nordfyns Bank reported its Scope 2 emissions using the market-based method.a
Nordfyns Bank's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Nordfyns Bank's Value Chain Emissions
In 2023, Nordfyns Bank reported 5,761 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 2023 disclosure of Nordfyns Bank includes a breakdown across 1of 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.a
Nordfyns Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Nordfyns Bank's Scope 3 emissions?
In 2023, Nordfyns Bank reported total Scope 3 emissions of 5,761 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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.a
Has Nordfyns Bank reduced its Scope 3 emissions over time?
Since 2021, Nordfyns Bank's Scope 3 emissionshave decreased by 70.33%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), Nordfyns Bank's Scope 3 emissions decreased by 39.62%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Nordfyns Bank disclose?
In 2023, Nordfyns Bank reported emissions for 1 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 Nordfyns Bank's Scope 3 emissions?
In 2023, the largest contributors to Nordfyns Bank's Scope 3 emissions were:a
- Investments (Cat. 15): 5,761 tCOâ‚‚e(100%)
Nordfyns Bank's Scope 3 Emissions by Categories
Insights into Nordfyns Bank’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Nordfyns Bank reported Scope 1 greenhouse gas (GHG) emissions of 33.2 tCOâ‚‚e and total revenues of USD 47 millions. This translates into an emissions intensity of 0.71 tCOâ‚‚e per millions USD.a
Nordfyns Bank's Scope 1 Emissions Intensity Compared to Peers
How does Nordfyns Bank's GHG emissions intensity compare to its peers?
In 2023, Nordfyns Bank reported a Scope 1 emissions intensity of 0.71 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.36, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Nordfyns Bank rank on GHG emissions intensity within its industry?
In 2023, Nordfyns Bank ranked 17 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Nordfyns Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Nordfyns Bank's Total Carbon Footprint
In 2023, Nordfyns Bank reported a total carbon footprint of 5,877.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 39.24% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Nordfyns Bank's total carbon footprint was Scope 3 emissions, accounting for 98.01% of the company's total carbon footprint, followed by Scope 2 emissions at 1.42%.a