Climate

The financial sector does not itself emit large amounts of greenhouse gases, but it helps finance the economy’s activities through lending and investment, which contributes to the financing of greenhouse gas emissions. Climate change and the green transition therefore affect the financial sector and are relevant to Danmarks Nationalbank’s objective of ensuring stability in the Danish financial system. For this reason, Danmarks Nationalbank publishes climate‑related indicators that can support the monitoring of the green transition and shed light on how the financial sector is involved in greenhouse gas emissions.

The climate-related indicators cover four carbon metrics – absolute financed emissions, carbon intensity, weighted average carbon intensity and carbon footprint – which are calculated for institutional investors' investments in listed companies.

The climate‑related indicators cover four carbon metrics – absolute financed emissions, carbon intensity, weighted average carbon intensity, and carbon footprint – which are calculated for institutional investors’ investments in listed companies.

Danmarks Nationalbank also publishes statistics on Danish issuances of sustainable bonds and Danish holdings of both domestic and foreign sustainable bonds. Sustainable bonds aim, among other things, to finance green and social projects, for example in renewable energy or housing for vulnerable groups.