Societal Impact & Sustainability

Societal Impact & Sustainability is about the way we conduct our core business by addressing societal, environmental and economic considerations for all stakeholders. As the largest financial services provider in Denmark and one of the largest financial institutions in the Nordic region, we recognise that Danske Bank has a special responsibility and obligation.

Overview

Our approach
Strategic themes
Sustainable business
Sustainable workplace
Our approach

Read more about our Societal Impact & Sustainability strategy, related policies, position statements and the international initiatives and standards we support.

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Strategic themes

More than ten years ago, we joined the United Nations Global Compact. As part of our continuing commitment, we support the Sustainable Development Goals and have chosen to focus on three strategic themes to maximize the impact of our efforts. The three strategic themes are Climate & environment, Innovation & entrepreneurship, and Financial confidence & security.

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Sustainable business

Integrating sustainability in the way we do business is fundamental to drive sustainable progress and positive impact in society. We integrate sustainability by focussing on Environmental, Social and Governance (ESG) factors which are used to determine the sustainability impact of the companies we invest in, lend to and procure from.

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Sustainable workplace

We want to foster a sustainable workplace and culture. To do so, we focus on the physical, structural and cultural working environment that we provide for our more than 21,000 employees. 

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News

Read our news articles and announcements regarding Societal Impact and Sustainability
  • Danske Bank becomes a signatory to the UN Principles for Responsible Banking

    Danske Bank has signed the Principles for Responsible Banking developed by the United Nations Environment Programme Finance Initiative (UNEP FI). The Principles provide a common framework to support the banking industry in contributing to sustainable development and making a positive contribution to society in the future. For banks, this entails setting clearly defined targets and reporting on their societal impact – both positive and negative – on the communities where they operate.

  • Climate: New report to boost contribution of Nordic Impact start-ups

    Denmark’s new government has set an ambitious climate target of reducing CO2 by 70% before the year 2030. Nordic Impact Start-ups that are working to make the world a better place can contribute to achieving this goal, and a new report from Danske Bank shows that the number of these enterprises has doubled over the course of the past year.

  • Making a difference to society with new voluntary-work initiative

    Earlier this year, Danske Bank launched Time to Give – a new programme that gives employees in all countries the opportunity to spend one workday per year carrying out voluntary work. 

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  • New financing principles promote greener global shipping

    Danske Bank and other leading international banks will for the first time integrate climate considerations into lending decisions to incentivize maritime shipping’s decarbonization. 

  • New report: Our approach to sustainable investment

    Danske Bank launched a new strategy for sustainable investment in 2018, and since then we have strengthened our ability to integrate sustainability when investing on behalf of customers. The new report, ‘Our Sustainable Investment Journey 2019’, shows how investment teams integrate sustainability. 

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  • Money Week teaches Danish pupils about budgeting, APR and digital security

    Finance Denmark has once again this year designated 11-15 March (week 11) as Money Week. Throughout the week, guest teachers from various banks in Denmark will be visiting 734 school classes across Denmark – more than 380 of which will be visited by guest teachers from Danske Bank. 

  • Danske Bank announces framework for green loans and bonds

    The financial sector has a role to play in creating a better environment by providing new funding solutions. For this reason, Danske Bank’s mortgage finance subsidiary has launched its first green mortgage bond, and the Danske Bank Group announces a new framework for its issuance of green loans and bonds. 
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Societal Impact & Sustainability in a snapshot

DKK 1,769

billion in loans issued to banking customers in 2018

DKK 4.7

billion paid in tax on profit for 2018

CO2 neutral since 2009

+Impact
Launched the +Impact platform to help Nordic entrepreneurs grow their societal impact
Financial teaching tools Developed teaching tools for kids for more than 10 years

The Corporate Responsibility Report 2018

In our Corporate Responsibility report, we describe our approach, our activities and our performance in 2018. 

Download the report

Contact us

Please contact us if you have questions or comments about our work with Societal Impact and Sustainability. Send an Email to

Societalimpact@danskebank.com

Financial Confidence & Security

We want to help people and businesses become financially confident and secure and support the Sustainable Development Goal number 4.
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Innovation & Entrepreneurship

We want to help entrepreneurs and startups grow their societal impact and support the Sustainable Development Goal number 8.
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Climate & Environment

We want to support the societal transition towards a 0 net carbon economy and the Sustainable Development Goal number 13.
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