Sydbank A/S

Common Name
Sydbank
Country
Denmark
Sector
Financial Services
Industry
Banks - Regional
Employees
2,053
Ticker
SYDB
Exchange
NASDAQ COPENHAGEN A/S
Description
Sydbank A/S is a leading financial institution that operates as a full-service bank serving individuals, businesses, and institutional clients within Denmark and beyond. Established in 1970, Sydbank i...

Sydbank's GHG Emissions Data Preview

In 2023, Sydbank 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).

Sydbank has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Sydbank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sydbank amounted to 1,509 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 Sydbank decreased by 6.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Sydbank's Scope 1 Emissions Over Time

2019202220230150300450600tCO2e-18%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Sydbank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sydbank were 371 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sydbank reduced its Scope 1 emissions over time?

Since 2019, Sydbank's Scope 1 emissions have decreased by 18.28%, reflecting a declining long-term trend in Scope 1 emissions over time.

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

What are Sydbank's Scope 2 emissions?

In 2023, Sydbank reported Scope 2 greenhouse gas (GHG) emissions of 391 tCOâ‚‚e using the market-based method, and 1,138 tCOâ‚‚e using the location-based method.

Has Sydbank reduced its Scope 2 emissions over time?

Since 2019, Sydbank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 49.6%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Sydbank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Sydbank 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Sydbank use for Scope 2 reporting?

In 2023, Sydbank reported its Scope 2 emissions using the market-based method and using the location-based method.

Sydbank's Scope 2 Emissions Over Time

20192022202306001.2 k1.8 k2.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sydbank's Value Chain Emissions

In 2023, Sydbank reported 789,827 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 Sydbank includes a breakdown across 2 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.

Sydbank's Scope 3 Emissions Over Time

2019202220230200 k400 k600 k800 ktCO2e+217223%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Sydbank's Scope 3 emissions?

In 2023, Sydbank reported total Scope 3 emissions of 789,827 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.96% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Sydbank reduced its Scope 3 emissions over time?

Since 2019, Sydbank's Scope 3 emissions have increased by 215,111.72%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Sydbank's Scope 3 emissions remained relatively stable, indicating that Sydbank 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Sydbank disclose?

In 2023, Sydbank reported emissions for 2 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 Sydbank's Scope 3 emissions?

In 2023, the largest contributors to Sydbank's Scope 3 emissions were:

  • Investments (Cat. 15): 789,546 tCOâ‚‚e (99.96%)
  • Business Travel (Cat. 6): 281 tCOâ‚‚e (0.04%)

Sydbank's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into Sydbank's Total Carbon Footprint

In 2023, Sydbank reported a total carbon footprint of 791,336 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.98% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Sydbank's total carbon footprint was Scope 3 emissions, accounting for 99.81% of the company's total carbon footprint, followed by Scope 2 emissions at 0.14%.

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