Topdanmark A/S
Topdanmark's GHG Emissions Data Preview
In 2023, Topdanmark 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).
Topdanmark has also provided a category-level breakdown for 5 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.  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.  | 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 |
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Verified Sources Behind Topdanmark’s Greenhouse Gas (GHG) Emissions Data
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Insights into Topdanmark's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Topdanmark amounted to 2,787 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 Topdanmark decreased by 3.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Topdanmark's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Topdanmark's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Topdanmark were 753 metric tons of CO₂ equivalent (tCO₂e). a
Has Topdanmark reduced its Scope 1 emissions over time?
Since 2019, Topdanmark's Scope 1 emissions have decreased by 43.04%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Topdanmark's Scope 1 emissions decreased by 4.44%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Topdanmark's Scope 2 emissions?
In 2023, Topdanmark reported Scope 2 greenhouse gas (GHG) emissions of 2,298 tCO₂e using the market-based method and 2,034 tCO₂e using the location-based method. a
Has Topdanmark reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Topdanmark's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Topdanmark 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Topdanmark use for Scope 2 reporting?
In 2023, Topdanmark reported its Scope 2 emissions using the market-based method and using the location-based method. a
Topdanmark's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Topdanmark's Value Chain Emissions
In 2023, Topdanmark reported 4,756.2 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 Topdanmark includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Topdanmark's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Topdanmark's Scope 3 emissions?
In 2023, Topdanmark reported total Scope 3 emissions of 4,756.2 metric tons of CO₂ equivalent (tCO₂e). a
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. a
Has Topdanmark reduced its Scope 3 emissions over time?
Since 2019, Topdanmark's Scope 3 emissions have increased by 51.42%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Topdanmark's Scope 3 emissions increased by 24.93%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Topdanmark disclose?
In 2023, Topdanmark reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Topdanmark's Scope 3 emissions?
In 2023, the largest contributors to Topdanmark's Scope 3 emissions were: a
- Employee Commuting (Cat. 7): 2,267 tCO₂e (47.66%)
- Business Travel (Cat. 6): 1,660.2 tCO₂e (34.91%)
- Fuel- and Energy-Related Services (Cat. 3): 781 tCO₂e (16.42%)
Topdanmark's Scope 3 Emissions by Categories
Insights into Topdanmark's Total Carbon Footprint
In 2023, Topdanmark reported a total carbon footprint of 7,543.2 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.74% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Topdanmark's total carbon footprint was Scope 3 emissions, accounting for 63.05% of the company's total carbon footprint, followed by Scope 2 emissions at 26.96%. a