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Jyske BankDenmark

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Last update: 2024-09-24 16:38:55
Head office Jyske Bank in Silkeborg, Denmark. Photo: Jyske Bank via Wikimedia Commons (CC1.0 DEED Public Domain)

Active

This profile is actively maintained
Last update: 2024-09-24 16:38:55
Bank info
BankTrack campaigns
All
About
Website https://www.jyskebank.dk/
Headquarters
Vestergade 8-16
DK-8600 Silkeborg
Denmark
CEO/chair Lars Stensgaard Mørch
CEO
Supervisor
Danish FSA
Ownership
listed on Nasdaq Copenhagen

Jyske Bank's complete shareholder structure can be accessed here.
Subsidiaries
JN Data A/S – Denmark
Jyske Finans – Denmark
Jyske Realkredit A/S – Denmark

Jyske Bank is the third largest bank in Denmark and was founded in 1967. The bank's activities include retail banking, private banking, market and investment banking and asset management. Jyske Bank has 98 branches in Denmark as well as offices in Germany.

Sustainability
Commitments
Policies
Voluntary standards

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

Links

Sustainability

ESG Data; Policies & Guidelines

Exclusion list (as of Sept 5 2024)

Bank policy
2024-09-05 00:00:00 | Jyske Bank

Policy on sustainability and corporate social responsibility

Bank policy
2023-11-21 00:00:00 | Jyske Bank

Responsible and sustainable investment policy

Bank policy
2022-03-07 00:00:00 | Jyske Bank

CSR report 2019, including csr policies

Bank policy
2020-07-01 00:00:00 | Jyske Bank

Extract of policy on prevention of money laundering and financing of terrorism

Date listed represents date as accessed on website
Bank policy
2019-12-09 00:00:00 | Jyske Bank
Jyske Bank has committed itself to the following voluntary standards:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
International Labour Organization Declaration on Fundamental Principles and Rights at WorkTags: worker rights | labour
OECD Common Reporting Standard (CRS)Tags: OECD | transparency
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
Universal Declaration of Human RightsTags: human rights | United Nations
Dodgy Deals

Jyske Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Jyske Bank's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Swedbank stops fossil loans after protests

The new report Banking on Thin Ice 3 shows that SEB, Nordea, and Danske Bank have provided over 60 billion SEK in new loans to fossil fuel companies in the last two years
2025-01-27 | BankTrack, ActionAid Denmark, Coal-free Finland, Fair Finance Guide Sweden, Future is in our hands, Nordic Center for Sustainable Finance, Profundo, Swedish Society for Nature Conservation
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks committed to net zero still funding North Sea oil expansion by Equinor

Over 60 organisations have written to Equinor's biggest bankers warning them not to fund the company's controversial Rosebank oil field due to climate risks.
2023-07-04 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Financing fossil fuel majors in line with net-zero strategy, say Nordic banks

BankTrack mentioned
2022-12-12 | S&P Global
Blog
BankTrack news BankTrack blog Partner news Partner blog

Nordic banks increase finance for Arctic oil and gas, new report finds

Ten Nordic banks provided US$ 21.2 billion to the fossil fuel industry. DNB, SEB, Nordea and Danske Bank largest Nordic financiers.
2022-11-22 | Nijmegen, the Netherlands | BankTrack, Greenpeace, ActionAid Denmark, Fair Finance Guide Norway, Fair Finance Guide Sweden, Friends of the Earth Finland, Swedish Society for Nature Conservation
BankTrack news BankTrack blog Partner news Partner blog

DNB, SEB and Nordea among biggest Scandinavian fossil fuel lenders

BankTrack mentioned
2021-02-02 | Environmental Finance
BankTrack news BankTrack blog Partner news Partner blog

Nordic Banks Slow to Cut Lending to Fossil-Fuel Sector: Report

BankTrack mentioned
2021-02-01 | Bloomberg
Blog
BankTrack news BankTrack blog Partner news Partner blog

Scandinavian banks poured $67 billion into the fossil fuel industry since Paris

New report finds ongoing finance for coal, oil and gas companies, with little commitments to phase-out from fossil fuels
2021-02-01 | Nijmegen, Copenhagen, Oslo, Stockholm | BankTrack, ActionAid Denmark, Fair Finance Guide Norway, Fair Finance Guide Sweden, Oxfam IBIS
BankTrack news BankTrack blog Partner news Partner blog

Danish lender Jyske to sell Gibraltar unit

2019-06-14 | S&P Global
BankTrack news BankTrack blog Partner news Partner blog

Jyske Bank endorses UN Principles for Responsible Banking

2019-04-25 | Silkeborg | Jyske Bank
BankTrack news BankTrack blog Partner news Partner blog

Jyske Bank eyes sale of Gibraltar unit over Brexit concerns

2019-01-17 | S&P Global
BankTrack news BankTrack blog Partner news Partner blog

Danish banks now offer Fossil Free investment funds

2016-10-12 | Fossil Free Europe
Resources
Documents
Links

Exclusion list (as of Sept 5 2024)

Bank policy
2024-09-05 00:00:00 | Jyske Bank

Annual report 2023

Annual report
2024-05-14 00:00:00 | Jyske Bank

Policy on sustainability and corporate social responsibility

Bank policy
2023-11-21 00:00:00 | Jyske Bank

Annual report 2022

Annual report
2023-07-10 00:00:00 | Jyske Bank

Letter from BankTrack and 60 civil society groups to 20 bank financiers of Equinor on Equinor's proposed North Sea field Rosebank

Letter to financiers of Equinor on their client's ownership of Rosebank
Correspondence
2023-07-04 00:00:00 | BankTrack and 60 civil society groups

CSR report 2022

Annual report
2023-06-13 00:00:00 | Jyske Bank

Banking on Thin Ice: Two years in the heat

Exposing Nordic bank finance for fossil fuels
BankTrack publication
2022-11-22 00:00:00 | BankTrack

Annual report 2021

Annual report
2022-06-07 00:00:00 | Jyske Bank

Exclusion list

Other bank document
2022-05-19 00:00:00 | Jyske bank

Responsible and sustainable investment policy

Bank policy
2022-03-07 00:00:00 | Jyske Bank

CSR Report 2020

Annual report
2021-07-06 00:00:00 | Jyske Bank

Guidance on Biodiversity Target Setting for PRB signatories

Other document
2021-06-24 00:00:00 | UNEPFI

Annual report 2020

Annual report
2021-05-04 00:00:00 | Jyske Bank

Banking on Thin Ice

Exposing Scandinavian Bank Finance for Fossil Fuels
BankTrack publication
2021-02-01 00:00:00 | BankTrack, Fair Finance Guide Norway, Fair Finance Guide Sweden, Oxfam IBIS, ActionAid Denmark

Annual report 2019

Annual report
2020-07-01 00:00:00 | Jyske Bank

CSR report 2019

Annual report
2020-07-01 00:00:00 | Jyske Bank

CSR report 2019, including csr policies

Bank policy
2020-07-01 00:00:00 | Jyske Bank

Extract of policy on prevention of money laundering and financing of terrorism

Date listed represents date as accessed on website
Bank policy
2019-12-09 00:00:00 | Jyske Bank

CSR report 2018

Annual report
2019-02-26 00:00:00 | Jyske Bank

Annual report 2018

Annual report
2018-12-31 00:00:00 | Jyske Bank

Climate Change 2018 CDP Score Report

Other bank document
2018-12-31 00:00:00 | CDP

Undermining our future

Bank financing for fossil fuel and renewable energy
BankTrack publication
2015-11-05 00:00:00 | Fair Finance Guide, BankTrack
Accountability
Grievances

Jyske Bank operates a Complaints mechanism which can be accessed here.

This page evaluates Jyske Bank'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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Banks and Climate

Banks and Climate

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Jyske Bank’s fossil fuel policy below.

Assessment of Jyske Bank in the Coal Policy Tool

Assessment of Jyske Bank in the Oil and Gas Policy Tracker
Good Moves

Good moves

Year:

2025

Swedbank stops fossil loans after protests

After protests from thousands of Swedish bank clients, Swedbank has almost completely stopped new loans to fossil fuel companies. Meanwhile, SEB, Danske Bank, and Nordea have continued to pour over 60 billion SEK into fossil fuel companies, including to upstream companies that explore for more fossil fuel reserves. This…