- Not sufficiently meeting investors' expectations and demand for ESG data
- Greenwashing issues
- Not recruiting skilled employees from a diverse talent pool
- Dissatisfaction with indoor climate in historic office building
KommuneKredit
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, KommuneKredit disclosed greenhouse gas emissions of 58 tCO2e/year. By scope: Scope 1: 0 tCO2e/year; Scope 2: 7 tCO2e/year; Scope 3: 51 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
58 tCO2e/year
2022
Renewable Energy
93%
of total energy
Water Usage
893 m3/year
2022
Energy Use
390 MWh/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 0 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 51 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 58 tCO2e/year |
| 2021 | 7 tCO2e |
| 2020 | 16 tCO2e/year (Scope 2) |
| 2019 | 75 tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions by 56% relative to 2018 (due in part to COVID-19 travel restrictions)
- 93% renewable energy share
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase the share of sustainable loans in our lending portfolio to at least 25% by 2025
- Map the climate footprint of our lending and investment portfolio by 2025
- Assess the feasibility of carbon emission reduction targets for our lending and investment portfolio by 2025
- Strengthen our inclusive company culture towards 2025
- Maintain a high level of employee loyalty and employee engagement towards 2025
📅 Medium-term
- Reduce carbon emissions related to our own operations by at least 55% by 2030 relative to 2018
🌱 ESG Focus Areas
Green and sustainable financingEnvironmental and climate considerationsDiversity and job satisfactionGood business ethicsOpenness and communication