How we work with sustainability
In KIRKBI, sustainability is a foundational layer for all business activities. KIRKBI signed up to UN Global Compact in 2019 and has embedded its 10 principles in the fundamental approach to sustainability.
As a signatory to the United Nations Global Compact, we will continue to demonstrate our progress both within own operations as well as investment and ownership activities.
Our Promises set the direction
As an integral part of the KIRKBI Fundamentals, we have four promises to ourselves and to those partners who work with us.
In short, they capture how we should act every day and define how we regard play, people, partner and planet as integrated and equal parts of how we succeed with our mission.
Mutual value creation.
To build partnerships that enhance mutual value creation, entail openness and trust. Partners should feel energised and inspired from their involvement with KIRKBI.
To create a positive impact on the planet through responsible investments and ownership - a commitment to society to keep earning a trusted position.
UN Global Compact
KIRKBI is a signatory of the United Nations Global Compact and has embedded its 10 principles in our approach to sustainability. We communicate our progress on the implementation of the ten principles as an integrated part of our Annual Report.
Science Based Target initiative
KIRKBI has committed to a carbon emission reduction target in line with the Paris Agreement’s most ambitious 1.5 °C trajectory. The target has been approved by the Science Based Targets initiative (SBTi) as one of the first in Denmark under their financial sector guidance.
KIRKBI’s targets cover both emissions from own operations as well as holding and investment activities. To achieve this target, KIRKBI is committed to:
- Reducing absolute scope 1 and 2 emissions by 55% by 2032 from a 2019 base year
- Reducing absolute scope 3 emissions from fuel and energy related activities, business travel, employee commuting, and assets leased to other parties by 55% by 2032 from a 2019 base year
- Ensuring that 45% of listed equities, bonds, private equity and debt portfolios are setting SBTi validated targets by 2025
As of 2022, progress against our target is published as part of our Annual Report.
Previous carbon inventories can be found at the links below.