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Home › Banks ›
Bank
Denmarks Export Credit AgencyDenmark

Active

This profile is actively maintained
Last update: 2024-11-21 16:35:38
Eksport Kredit Fonden's logo. Photo: EKF Denmark

Active

This profile is actively maintained
Last update: 2024-11-21 16:35:38
About
Website http://www.ekf.dk
Headquarters
Lautrupsgade 11
2100 Kopenhagen
Denmark
CEO/chair Peder Lundquist
CEO
Supervisor
Ownership

EKF is owned by the Danish state.

Eksport Kredit Fonden (EKF) is the export credit agency of Denmark and was established in 1922 as only the third export credit agency in the world. EKF is owned and guaranteed by the Danish state. EKF became a signatory of the Equator Principles in 2004.

Sustainability
Commitments
Policies
Voluntary standards

EKF's most important sustainability commitments can be found at the website sections listed below.

Links

Approach to ESG

Policies

2023-12-31 00:00:00

Policy for ESG and Sustainability

(in Danish)
Bank policy
2023-12-31 00:00:00 | EKF Denmark
2023-12-13 00:00:00

Climate policy

Bank policy
2023-12-13 00:00:00 | EKF Denmark
2023-01-03 00:00:00

Net zero 2045

Date listed represents date as accessed on website
Bank policy
2023-01-03 00:00:00 | EKF
2022-01-03 00:00:00

Exclusion of coal-fired electricity generation and thermal coal extraction

Date listed represents date as accessed on website
Bank policy
2022-01-03 00:00:00 | EKF
2022-01-01 00:00:00

Denmark ends public financing for fossil energy abroad

Bank policy
2022-01-01 00:00:00 | EKF
2021-11-30 00:00:00

Fact sheet: Denmark ends public finance and export promotion for fossil fuels in the energy sector abroad

The decision covers export financing through EFK, Denmark’s Export Credit Agency
Bank policy
2021-11-30 00:00:00 | Danish Government
2021-10-11 00:00:00

ESG Policy

Bank policy
2021-10-11 00:00:00 | EKF
2020-06-30 00:00:00

Corporate social responsibility policy

Bank policy
2020-06-30 00:00:00 | EKF
2018-11-02 00:00:00

Business and ethics

Date listed represents date as accessed on website
Bank policy
2018-11-02 00:00:00 | EKF
Denmarks Export Credit Agency has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
OECD Guidelines for Multinational EnterprisesTags: consumer safety | corporate social responsibility | corruption | cultural preservation | dams | human rights | mining and processing | OECD | supply chain | taxation | worker rights
UN Guiding Principles on Business and Human RightsTags: United Nations | human rights
United Nations Global CompactTags: United Nations | human rights
News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Denmark ends public financing for fossil energy abroad

2021-11-04 | Danish Ministry of Climate, Energy and utilities
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Denmark’s EKF has cancelled a loan for the Teghout open pit copper mine in Armenia on environmental grounds. Is this a signal for ECAs to get tougher?

2017-10-26 | TXF News
Resources
Documents
2024-07-05 00:00:00

Annual report 2023

Annual report
2024-07-05 00:00:00 | EIFO
2023-12-31 00:00:00

Policy for ESG and Sustainability

(in Danish)
Bank policy
2023-12-31 00:00:00 | EKF Denmark
2023-12-13 00:00:00

Climate policy

Bank policy
2023-12-13 00:00:00 | EKF Denmark
2023-05-08 00:00:00

Annual report 2022

Annual report
2023-05-08 00:00:00 | EKF
2023-01-03 00:00:00

Net zero 2045

Date listed represents date as accessed on website
Bank policy
2023-01-03 00:00:00 | EKF
2022-07-04 00:00:00

Annual report 2021

Annual report
2022-07-04 00:00:00 | EKF
2022-01-03 00:00:00

Exclusion of coal-fired electricity generation and thermal coal extraction

Date listed represents date as accessed on website
Bank policy
2022-01-03 00:00:00 | EKF
2022-01-01 00:00:00

Denmark ends public financing for fossil energy abroad

Bank policy
2022-01-01 00:00:00 | EKF
2021-11-30 00:00:00

Fact sheet: Denmark ends public finance and export promotion for fossil fuels in the energy sector abroad

Covers export financing through EFK, Denmark’s Export Credit Agency
Annual report
2021-11-30 00:00:00 | Danish Government
2021-11-30 00:00:00

Fact sheet: Denmark ends public finance and export promotion for fossil fuels in the energy sector abroad

The decision covers export financing through EFK, Denmark’s Export Credit Agency
Bank policy
2021-11-30 00:00:00 | Danish Government
2021-10-11 00:00:00

ESG Policy

Bank policy
2021-10-11 00:00:00 | EKF
2021-06-08 00:00:00

Annual report 2020

Annual report
2021-06-08 00:00:00 | Denmarks Export Credit Agency
2021-06-07 00:00:00

CSR report 2020

Annual report
2021-06-07 00:00:00 | EKF
2020-10-22 00:00:00

Annual integrated report 2019

Annual report
2020-10-22 00:00:00 | EKF
2020-06-30 00:00:00

Corporate social responsibility policy

Bank policy
2020-06-30 00:00:00 | EKF
2019-10-28 00:00:00

CSR report 2018

Annual report
2019-10-28 00:00:00 | EKF
2019-07-31 00:00:00

Annual report 2018

Annual report
2019-07-31 00:00:00 | EKF
2018-11-02 00:00:00

Business and ethics

Date listed represents date as accessed on website
Bank policy
2018-11-02 00:00:00 | EKF
2018-11-02 00:00:00

Annual integrated report 2017

Annual report
2018-11-02 00:00:00 | EKF
2017-03-31 00:00:00

Annual integrated report 2016

Annual report
2017-03-31 00:00:00 | EKF
2016-03-31 00:00:00

Annual report 2015

Annual report
2016-03-31 00:00:00 | EKF
2016-03-31 00:00:00

CSR report 2015

Annual report
2016-03-31 00:00:00 | EKF
Accountability
Grievances

EKF does not operate a complaints or grievances mechanism for individuals or communities that might have been affected by its finance.

EKF is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Denmarks Export Credit Agency's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
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