KommuneKredit
KommuneKredit, officially known as KommuneKredit A/S, is a prominent financial institution headquartered in Denmark (DK). Established in 1898, the company has played a pivotal role in providing financing solutions to municipalities and public sector entities across the country. With a strong focus on sustainable development, KommuneKredit offers a range of unique products and services, including loans and advisory services tailored to the needs of local governments. Operating primarily in Denmark, KommuneKredit has established itself as a key player in the public finance sector, supporting various infrastructure projects and community initiatives. The company is recognised for its commitment to responsible lending and has achieved notable milestones in promoting green financing. With a solid market position, KommuneKredit continues to be a trusted partner for municipalities, helping them navigate the complexities of public financing while fostering sustainable growth.
DitchCarbon Score
How does KommuneKredit's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
KommuneKredit's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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KommuneKredit's reported carbon emissions
In 2024, KommuneKredit reported total carbon emissions of approximately 153,355,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 66,000 kg CO2e. The majority of their emissions stemmed from fuel and energy-related activities, totalling approximately 137,421,000 kg CO2e. In 2023, the organisation's emissions were lower, with Scope 3 emissions at about 55,000 kg CO2e. The previous years show a trend of emissions primarily in Scope 3, with 2022 reporting 51,000 kg CO2e, including 18,000 kg CO2e from business travel and 23,000 kg CO2e from purchased goods and services. KommuneKredit has not set specific reduction targets or initiatives as per the latest data, indicating a potential area for future commitment. The absence of Scope 1 and Scope 2 emissions data in recent years suggests a focus on indirect emissions, particularly in their supply chain and operational activities. Overall, KommuneKredit's emissions profile highlights the importance of addressing Scope 3 emissions in their climate strategy, as they represent the largest portion of their carbon footprint.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000 | - | - | - | - | - | - | - | - |
| Scope 2 | 63,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | - | - |
| Scope 3 | - | - | - | - | 000,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
KommuneKredit is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
