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Sustainability

Danske Commodities supports the Paris Agreement and a net-zero future. Our business model is guided by the energy transition and we wish to play an active role in the expansion of a renewables-driven energy system.
Our purpose

We work for a viable energy future

Energy has always been a catalyst for change and growth. But with increasing energy demands come increasing emissions, leading to climate changes that can cause irreparable damage to our planet. The world is calling for an energy transition – and at Danske Commodities, we want to play our part. 

We believe real value lies in our actions and depends on the accumulated work done by every single one of us. Because sustainability is everybody’s business.

Sustainability targets and progression

Carbon footprint
Our target is to reduce our total scope 1 and 2 carbon footprint by 50% in 2025 compared to the 2019 baseline of 306 tCO2eq. We’ve currently reduced it to 67 tCO2eq, corresponding to a reduction of 78%.
Renewable power
We want 100% of our electricity consumption to be from renewable energy. We achieved this target in 2021 and have maintained it ever since.
Employee satisfaction
Our ambition is to score above 80 on the Global Employee and Leadership Index in our annual employee satisfaction survey. For our most recent survey in 2024, we were at 77 (index 0 – 100).
Female employees
As part of our current corporate strategy, our goal is to employ at least 30% females by 2025, an increase of 8% compared to 2021. For 2025, we are at 28%, well above the industry average of 20%.

Environmental sustainability

Climate change cannot be ignored. We want to be part of the solution by reducing CO2 emissions and pushing the world toward a more sustainable future.

Our business model enables us to bring renewables to the market at scale. And through our portfolio of gas storages and assets, we provide the flexibility needed to meet the energy demands and intermittency of renewable power generation

Specifically, we:

  • balance and optimise the output generated from renewable energy resources like wind turbines and solar parks
  • provide flexibility by managing large-scale batteries, gas storages and production from combined heat and power plants
  • trade renewable energy certificates such EUAs, El-certs, ROCs and REGOs
  • explore emerging markets, including Power-to‑X and biofuels
EMPLOYEE-DRIVEN DONATIONS PROGRAMME

1K Impact

Amplifying our employee’s impact is an important part of our approach to sustainability. Our employee-driven donations programme 1K Impact’ supports exactly that objective.

At the start of 2025, employees were invited to enter a random draw for the chance to donate EUR 1,000 to a charitable cause of their choice. Forty employees were selected and now can support initiatives close to their hearts — whether it’s funding new jerseys for a local football club, purchasing toys for a kindergarten, or contributing to a completely different cause that brings value to their community.

Social sustainability

We are powered by our people. Creating value for them – as well as the communities that surround us – is fundamental for Danske Commodities.

At the core of our social responsibility is a commitment to creating long-term shared and sustained value. We believe in building collaborative ways of working that foster mutual respect, support, and appreciation, leveraging our unique differences to achieve our goals. By empowering our people to make a positive impact on society, we strive to create a brighter future for all.

Diversity and inclusion

Diverse ideas lead to diverse solutions

We continuously work on strengthening a culture where everybody belongs and diverse teams thrive. That’s what creates the best and brightest ideas and enables us to build a viable energy future. Together.

More about our D&I approach

Governance

Our approach to: Code of Conduct and compliance

We have implemented a Code of Conduct setting out the principles for how we treat each other and how we conduct our business.

A strong compliance culture is critical for our company’s success and we make continuous efforts to raise awareness about the importance of compliance among our employees. We provide regular training, resources, and guidance to help them understand and adhere to applicable laws, regulations and company policies.

We understand the value of open communication and have a secure ethics helpline, enabling our employees to confidentially report any concerns or suspected misconduct. This system helps us maintain our commitment to ethical business practices and address potential issues proactively.

Our approach to: Tax

We will conduct our tax affairs with integrity, transparency, and accountability, and strive to build trust and confidence among our stakeholders. This means not only understanding the law but embodying the intention rather than just the written word. As a responsible corporate citizen, we welcome taxes as a part of giving back to society, and we strive to aid the authorities in the implementation and ensure they are applied on a level playing field. At the same time, we also believe that minimizing our tax liabilities within the bounds of the law is essential to remain competitive and achieve our financial goals.

Our approach to: Data and cyber security

Recognising the importance of data ethics, we are committed to handling data responsibly, respecting the privacy of our customers, employees and partners. Our data protection policies and procedures comply with relevant data protection laws and industry best practices. 

We take cyber security very seriously, as we understand that protecting our information assets is crucial for maintaining trust and ensuring business continuity. Our cyber security measures are designed to safeguard our systems and data from potential threats and we consistently invest in state-of-the-art technology as well as employee training to stay ahead of evolving cyber risks.

Energy transition podcasts

Whether you’re curious about what we do or our place in the energy transition, we’ve got you covered. Check out our podcasts and get a feel of what we’re all about.

Partnerships

Værestedets Venner
We are members of Værestedets Venner and we strive to support our local community centre in various ways. We have donated EUR 670,000 for the construction of a new community centre and EUR 267,000 to a fund for volunteer-driven social work in the City of Aarhus. Additionally, we bring the users of the community centre and our employees closer together through guided tours of the local area, and our employees volunteer for dinner-cooking events at the community centre. We also donate deposits from our 40,000+ soda cans annually to the Pant-for-Pant’ initiative, which employs socially disadvantaged individuals in Aarhus. We even bring them cake monthly!
High5Girls
We have partnered with the NGO High5Girls to inspire young women to pursue careers in science, technology, engineering or mathematics (STEM). Through our Power to HTX’ project, female tech students in Aarhus are enrolled in a role model programme with STEM-educated women, including our own employees. The programme explores how STEM is used in various jobs through workshops and company visits. Danske Commodities has hosted the girls for an energy balancing workshop and a company visit where female employees shared their education and career experiences.
Climate Alliance Aarhus
We joined Climate Alliance Aarhus to help the city reach its goal of achieving carbon neutrality in 2030. As a part of the alliance, we are committed to improving green mobility. This we have done by implementing a car policy to ensure our car fleet will transition towards electrical cars. At our office our employees can use our DC e‑bike when attending meetings and errands outside our headquarters. Additionally, we compete against each other and other companies to replace the car with our bikes during Cyklistforbundets Bike to Work”-campaign twice a year.

Get in touch

Niels Elmegaard
Head of Strategy & Sustainability
Want to know more about our sustainability approach? Contact Niels with your enquiry.