Danske Bank Group

Unverified
XFID Unique Identifier for Danske Bank Group: XOBYYF6A8I
Country
Denmark
Sector
Banks
Website
mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com
2 Frameworks
1 Impact Report
1 Second Party Opinion
XFID Type Title Year Source Retrieved
XF-VV34FIU-T Impact Report Danske Bank Green Bond Report 2022 2022 danskebank.com 31 Mar 2026
XF-GY9KADE-5 Framework Danske Bank - Framework Report 2022 ↑2021 danskebank.com 31 Mar 2026
XF-YRIAA0L-0 Second Party Opinion Danske Bank Group Green Bond Framework Second-Party Opinion (2021) 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-Z40GHXW-J Framework green bond framework june 2021 2021 →2022 danskebank.com 21 Feb 2026

XF Company Profile

Extra-financial information found across 4 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Danske Bank A/S, Denmark FRAMEWORK 2022
Issuer sector/industry classification
Financial & Insurance Activities FRAMEWORK 2022
Issuer type
Bank FRAMEWORK 2022

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Danske Bank Group Green Finance Framework 2022 FRAMEWORK 2022
Bond types covered under framework
Green bonds and green loans FRAMEWORK 2022
Framework publication date and update history
November 2022 FRAMEWORK 2022
Eligible use-of-proceeds categories
Clean transportation, Renewable energy, Energy and emission efficient products/solutions/manufacturing, Green buildings, Environmentally sustainable management of living natural resources and land use, Climate change adaptation, Sustainable water and wastewater management, Pollution prevention and control SPO 2022

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, November 1, 2022 SPO 2022
SPO assessment scope and methodology
Assessment of framework alignment with Green Bond Principles 2021, Green Loan Principles 2021, and EU Taxonomy Technical Screening Criteria SPO 2022
SPO preliminary evaluation or credibility rating
Credible and impactful SPO 2022

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 SPO 2022
Alignment with UN Sustainable Development Goals
SDGs 6, 7, 9, 11, 12, 13, 14, 15 SPO 2022
Alignment with EU Taxonomy for sustainable activities
54 of 58 mapped activities align with EU Taxonomy Technical Screening Criteria; 3 partially aligned; 1 not aligned SPO 2022
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Alignment with Green Loan Principles 2021 SPO 2022

Corporate Strategy & Mission

Corporate purpose statement relating to sustainability
To release the potential in people and businesses by using the power of finance to create sustainable progress today and for generations to come FRAMEWORK 2022
ESG strategy focus areas
Sustainable finance (core), entrepreneurship, financial confidence, employee well-being & diversity, environmental footprint, governance FRAMEWORK 2022

Issuance Details

Bond instrument type
Green bonds and green loans IMPACT 2022

Changes Over Time

Items where disclosed information changed across documents.

Issuer name
2021 Realkredit Danmark A/S
2022 Danske Bank A/S
Bond types covered under framework
2021 Green bonds (non-convertible, variable rate)
2022 Green loans
2022 Green bonds
2022 Green bonds and green loans
Framework publication date
2021 2020-07-13
2022 November 2022
Alignment with ICMA Green Bond Principles
2021 Mentioned implicitly through regulatory compliance framework
2022 Framework aligned with ICMA principles (referenced in document structure)
2022 Aligns with Green Bond Principles 2021
Sustainable bond framework name
2022 Green Finance Framework
2022 Danske Bank Green Finance Framework
Eligible use-of-proceeds categories
2022 Clean transportation, Renewable energy, Energy and emission efficient products/solutions/manufacturing, Green buildings, Environmentally sustainable management of living natural resources and land use, Climate change adaptation, Sustainable water and wastewater management, Pollution prevention and control
2022 Green buildings, renewable energy projects, clean transportation
2022 Clean Transportation; Renewable Energy; Energy and Emission Efficient Products, Solutions and Manufacturing; Green Buildings; Environmentally Sustainable Management of Living Natural Resources and Land Use; Sustainable Water and Wastewater Management; Pollution Prevention and Control; Climate Change Adaptation

Document Updates

What changed between successive versions of documents.

2021 2022

The 2021 document is a specific bond issuance (Series 12E) for Realkredit Danmark A/S with minimal sustainability detail, while the 2022 document is a comprehensive Green Finance Framework for Danske Bank Group. The newer version substantially expands the scope from a single bond instrument to a bank-wide framework covering multiple green loan categories, introduces explicit net-zero commitments and alliance memberships, establishes governance structures for loan evaluation and selection, and commits to expanded reporting and external review mechanisms. This represents a transition from transaction-level documentation to institutional sustainability strategy.

  • expanded Use of Proceeds — Expanded from general 'green assets in properties' to eight distinct green loan categories: clean transportation, renewable energy, energy efficiency, green buildings, climate adaptation, sustainable water/wastewater, pollution prevention, and sustainable land use management.
  • added Standards Alignment — Added explicit commitments to three net-zero alliances: Net-Zero Asset Owner Alliance (2020), Net Zero Asset Managers Initiative (2021), and Net-Zero Banking Alliance (2021).
  • added Climate Target — Introduced net-zero and carbon neutrality targets with commitment to measure financed emissions and set interim targets across business units.
  • expanded Eligibility Criteria — Added detailed Green Loan Evaluation and Selection Process section establishing formal governance procedures for assessing loan eligibility against sustainability criteria.
  • added Reporting — Added formal Reporting and External Review sections establishing mechanisms for tracking sustainable lending volumes, measuring impact, and obtaining third-party verification.
  • added Governance — Introduced Management of Proceeds procedures and formal sustainability governance structure linking green finance to bank-wide sustainability strategy with five focus areas.