Content is loading
Skip to main content

We manage our societal impact to increase positive outcomes

Through our business activities, we both have positive and negative societal and environmental impacts extending across global value chains. We have already taken steps to map and manage these impacts, for example through our involvement in financial sector initiatives such as the UN Principles for Responsible Banking and the Net-Zero Banking Alliance.

Our Climate Action Plan also sets out a clear roadmap for aligning our business to net-zero emissions, and we have used our assessment of nature and biodiversity impacts and dependencies to set targets for engaging with customers and investee companies. Furthermore, we have assessed our potential adverse impacts on human rights, and we have enhanced our processes to address our impacts in this area. 

Examples of what we do

Roadmap for net zero

Our Climate Action Plan Progress Report 2023 identifies the Danske Bank Group's progress towards the targets we presented in our Climate Action Plan, which was published in the spring of 2023.

In 2023, the Danske Bank Group committed to work towards meeting the temperature goals of the Paris Agreement by 2050, and we also presented interim 2030 targets for emissions from our entire business.

Read more

Engagement targets for biodiversity

Through an analysis of portfolio data, Danske Bank has established an initial understanding of the drivers and sectors in its lending and investment portfolios that have a potential negative impact on nature and biodiversity. The findings lay the foundation for future engagement with customers and investee companies.   

Read more

Human rights due dilligence

Based on an identification of human rights risks within Danske Bank’s own activities and value chain, we have taken steps to reinforce our human rights due diligence processes and improve how we manage and mitigate our potential negative impacts in relation to activities in our own operations and through our value chain, including our supply chain, investment and lending activities.

To support this development, we have strengthened our organisational capacity on human rights, and we have increased transparency about our efforts through our Human Rights Report

See report

How we work to manage our societal impact

Climate change

- Progress on our Climate Action Plan, building on engagement with customers and investee companies.

- Collaborate with stakeholders through e.g. industry initiatives and international associations.

Nature & biodiversity

- Build understanding of nature-related impacts and dependencies.

- Work with companies in high-impact sectors on ways to reduce impact.

Human rights & social impact

- Further develop human rights due diligence processes across procurement, lending and investment.

- Advance our Diversity & Inclusion agenda and maintain a high-level of employee well-being and engagement.