Skjern Bank A/S

Common Name
Skjern Bank
Country
Denmark
Sector
Financial Services
Industry
Banks - Regional
Employees
230
Ticker
SKJE
Exchange
NASDAQ COPENHAGEN A/S
Description
Skjern Bank A/S is a financial institution headquartered in Denmark, focusing on providing a wide array of banking services. Its primary function is to offer retail and commercial banking solutions, i...

Skjern Bank's GHG Emissions Data Preview

In 2023, Skjern 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).

Skjern 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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Skjern 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 Skjern Bank’s data sources below and access millions more through our Disclosure Search.

a. Skjern Bank's ESG Report 2023
a. Skjern Bank's ESG Report 2023
b. Skjern Bank's ESG Report 2022
b. Skjern Bank's ESG Report 2022

Insights into Skjern Bank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Skjern Bank amounted to 78 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 2022, the total operational greenhouse gas (GHG) emissions of Skjern Bank increased by 5.41%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Skjern Bank's Scope 1 Emissions Over Time

20212022202309182736tCO2e+26%0%
  • Total Scope 1
  • Year-over-Year Change

What are Skjern Bank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Skjern Bank were 33.9 metric tons of CO₂ equivalent (tCO₂e). a

Has Skjern Bank reduced its Scope 1 emissions over time?

Since 2021, Skjern Bank's Scope 1 emissions have increased by 25.56%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Skjern Bank's Scope 1 emissions remained relatively stable, indicating that Skjern Bank's emissions have plateaued with no significant change in its operational footprint. a

What are Skjern Bank's Scope 2 emissions?

In 2023, Skjern Bank reported Scope 2 greenhouse gas (GHG) emissions of 44.1 tCO₂e without specifying the calculation method. a

Has Skjern Bank reduced its Scope 2 emissions over time?

Since 2021, Skjern Bank's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Skjern Bank 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2022), Skjern Bank's Scope 2 emissions (Unspecified Calculation Method) rose by 10.25% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Skjern Bank use for Scope 2 reporting?

In 2023, Skjern Bank reported its Scope 2 emissions using an unspecified methodology. a

Skjern Bank's Scope 2 Emissions Over Time

202120222023015304560tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Skjern Bank's Value Chain Emissions

In 2023, Skjern Bank reported 38,322 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 2023 disclosure of Skjern Bank 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. a

Skjern Bank's Scope 3 Emissions Over Time

20222023010 k20 k30 k40 ktCO2e+21%
  • Total Scope 3
  • Year-over-Year Change

What are Skjern Bank's Scope 3 emissions?

In 2023, Skjern Bank reported total Scope 3 emissions of 38,322 metric tons of CO₂ equivalent (tCO₂e). 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

Compared to the previous year (2022), Skjern Bank's Scope 3 emissions increased by 20.74%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Skjern Bank disclose?

In 2023, Skjern 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 Skjern Bank's Scope 3 emissions?

In 2023, the largest contributors to Skjern Bank's Scope 3 emissions were: a

  • Investments (Cat. 15): 38,322 tCO₂e (100%)

Skjern Bank's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into Skjern Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Skjern Bank reported Scope 1 greenhouse gas (GHG) emissions of 33.9 tCO₂e and total revenues of USD 95 millions. This translates into an emissions intensity of 0.36 tCO₂e per millions USD. a

Skjern Bank's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)201005005,00020,000Revenues (Millions of USD)BVestjysk BankYear: 2023Scope 1: 123 tCO2eRevenue: $M 323Scope 1 Intensity: 0.38 tCO2e/$MChina Man-Made FiberYear: 2023Scope 1: 390,661 tCO2eRevenue: $M 1,199Scope 1 Intensity: 325.94 tCO2e/$MSydbankYear: 2023Scope 1: 371 tCO2eRevenue: $M 1,101Scope 1 Intensity: 0.34 tCO2e/$MRingkjoebing LandbobankYear: 2024Scope 1: 70 tCO2eRevenue: $M 576Scope 1 Intensity: 0.12 tCO2e/$MDanske BankYear: 2024Scope 1: 215 tCO2eRevenue: $M 7,875Scope 1 Intensity: 0.03 tCO2e/$MTSKBYear: 2023Scope 1: 343 tCO2eRevenue: $M 475Scope 1 Intensity: 0.72 tCO2e/$MBank JatimYear: 2023Scope 1: 276 tCO2eRevenue: $M 361Scope 1 Intensity: 0.76 tCO2e/$MDanske Andelskassers BankYear: 2023Scope 1: 117 tCO2eRevenue: $M 128Scope 1 Intensity: 0.91 tCO2e/$MJyske BankYear: 2023Scope 1: 639 tCO2eRevenue: $M 2,199Scope 1 Intensity: 0.29 tCO2e/$MLaan & Spar BankYear: 2023Scope 1: 48 tCO2eRevenue: $M 229Scope 1 Intensity: 0.21 tCO2e/$MNordfyns BankYear: 2023Scope 1: 33 tCO2eRevenue: $M 47Scope 1 Intensity: 0.71 tCO2e/$MGlarner KantonalbankYear: 2024Scope 1: 46 tCO2eRevenue: $M 106Scope 1 Intensity: 0.43 tCO2e/$MAlbaraka Turk Katilim BankasiYear: 2023Scope 1: 4,147 tCO2eRevenue: $M 576Scope 1 Intensity: 7.20 tCO2e/$MAlandsbanken AbpYear: 2023Scope 1: 5 tCO2eRevenue: $M 224Scope 1 Intensity: 0.02 tCO2e/$MOma SaastopankkiYear: 2023Scope 1: 38 tCO2eRevenue: $M 274Scope 1 Intensity: 0.14 tCO2e/$MQnb BankYear: 2023Scope 1: 15,265 tCO2eRevenue: $M 2,531Scope 1 Intensity: 6.03 tCO2e/$MSaudi National BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 10,238Scope 1 Intensity: 0.00 tCO2e/$MBank HapoalimYear: 2024Scope 1: 3,876 tCO2eRevenue: $M 6,008Scope 1 Intensity: 0.65 tCO2e/$MTaiwan Business BankYear: 2023Scope 1: 1,155 tCO2eRevenue: $M 1,039Scope 1 Intensity: 1.11 tCO2e/$MBanco ABC BrasilYear: 2023Scope 1: 73 tCO2eRevenue: $M 466Scope 1 Intensity: 0.16 tCO2e/$MBBBank KB IndonesiaYear: 2023Scope 1: 1,962 tCO2eRevenue: $M 91Scope 1 Intensity: 21.55 tCO2e/$MSkjern BankYear: 2023Scope 1: 34 tCO2eRevenue: $M 95Scope 1 Intensity: 0.36 tCO2e/$M

How does Skjern Bank's GHG emissions intensity compare to its peers?

In 2023, Skjern Bank reported a Scope 1 emissions intensity of 0.36 tCO₂e per millions USD. Compared to the peer group median of 0.43 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Skjern Bank rank on GHG emissions intensity within its industry?

In 2023, Skjern Bank ranked 10 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Skjern Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Skjern Bank's Total Carbon Footprint

In 2023, Skjern Bank reported a total carbon footprint of 38,400 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.71% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Skjern Bank's total carbon footprint was Scope 3 emissions, accounting for 99.8% of the company's total carbon footprint, followed by Scope 2 emissions at 0.11%. a

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