Ethical Performance
inside intelligence for responsible business

Danske Bank Group publishes its 2013 Corporate Responsibility Report


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"As a financial institution, we have an important obligation to our customers and society to ensure financial stability and support economic growth. We can do this only by operating a strong, profitable business.” Thomas F. Borgen, CEO of Danske Bank Group

Danske Bank Group is the largest bank in Denmark and one of the leading financial institutions in northern Europe, with operations in 15 countries. By offering services in the fields of life insurance and pensions (Danica Pension), mortgage finance (Realkredit Danmark), asset management (Danske Capital), brokerage (Danske Markets), real estate (home), and leasing (Nordania) the Group employs 19,000 people and has a significant share of personal, business and institutional customers in the Nordic region.

With its eighth Corporate Responsibility report, Danske Bank puts special focus on customers’ experience with the banks as a prerequisite for sustainable profitability.

The report addresses Danske Bank’s position as a provider of the financial infrastructure in a modern economy and its efforts to support growth and ensure economic stability. It also attend to its initiatives to create a performance culture to the benefit of customers and outlines the programmes aimed at heightening knowledge about personal finances for children, parents, teachers and young people. The report also present Danske Banks efforts to integrate concern for Environmental, Social and Ethical measures in its credit granting and investment processes and features four dilemmas where Danske Bank addresses difficult issues faced by the banking sector in 2013.

In addition, the report as well as Danske Bank's CO2 neutrality are verified by the external assurance provider PwC.

Report highlights:

  • Launch of the online learning game "Moneyville " for mobile and tablet devices reaching almost 5.6 million users.
  • Achiveing a 28% reduction in electricity conumption since 2009 and a 8% decline in CO2 emissions since 2012.
  • Surpassing the target of increasing the number of women in senior management positions from 22% to 27% two years ahead of time.
  • Initiation of work to develop sector-specific policies for the assessment of Environmental, Social and Ethical risks in the bank's lendingportfolio.
  • Adherence too the GRI G4 reporting guidelines, application level "Core".

View the report here

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