Jyske Bank

Jyske Bank is working responsibly with a range of activities centred on energy optimisation and sustainability.

For Jyske Bank, it has to do with implementing a climate strategy that makes the bank a role model, contributing to the overall climate initiative on multiple levels. Every step counts, and under this banner, Jyske Bank is working responsibly with a range of activities centred on energy optimisation and sustainability in its operations.

Jyske Bank has been working with energy optimisation for more than 20 years, and since 2019 it has been using MinEnergi2 – backed by the Full Service service concept – as a key tool on its journey.

It is important to Jyske Back to work with sustainability. Carbon emission data are generally important to the bank, which publishes annual sustainability reports that include statements of ESG KPIs.

In another initiative, Jyske Bank uses renewable energy generated by the wind turbine that the bank owns at Hirtshals harbour to offset its carbon emissions from electricity, heat and the mileage covered by bank vehicles.

“We were looking for a system that offered a full service package, because we have to concede that we no longer have time to maintain the data ourselves. We feel secure in having someone monitoring the system ‘behind the scenes’; it looks like a future-proof setup.”

Jan Almosetoft 
Head of energy

The challenge

Jyske Bank has had an Energy Monitoring System in place for the past 20 years. The challenge was that the bank held responsibility for all maintenance work and for spotting errors and shortfalls in valid data. The bank no longer has time for this aspect of energy monitoring and therefore needed external assistance.

Another key requirement involved carbon emission data for the annual sustainability report in which Jyske Bank compiles its ESG KPIs. In this context, division across scopes 1, 2 and 3 as defined in the GHG protocol is particularly important.

The solution

Jyske Bank now uses MinEnergi2 to monitor its building stock and to extract carbon emission data for its annual sustainability report that features the bank’s ESG KPIs. Carbon dioxide plays a significant role in relation to environmental data, and Jyske Bank uses MinEnergi2 to calculate its scope 1, 2 and 3 figures for electricity, district heating and natural gas.

Jyske Bank is one of EnergiData’s Full Service customers, which means that the bank also receives monitoring services and consultancy on areas of initiative as an integral part of the solution. At the same time, the bank enjoys the sense of security that stems from knowing that energy experts are monitoring the underlying system.

In the first half of 2023, Jyske Bank has installed a 220 kW solar PV plant on the wing with the highest electricity consumption at its head office in Silkeborg, Denmark. The plan is to install a further 400 kW of capacity on the other roof sections of the head office and at another location in Silkeborg by the summer of 2023. The bank’s decision to install the solar PV plants stemmed from rising electricity prices and a desire for a greener profile. Data from these plants will be incorporated into the bank’s MinEnergi2 solution and will naturally feature in the climate report, allowing the bank to document its reduced consumption of electricity from the grid.

Results and benefits

There are self-evident financial and climate-related benefits to working with energy efficiency at the bank’s properties; for example, by calculating its own carbon consumption, the bank can draw on its own experience in dialogue with its customers, and advise them how to move in a greener direction. Other tangible benefits are:

Optimisation of heating installations: MinEnergi2 proves particularly useful in the heating season, where the Energy Officer uses data from the platform to optimise operation of the heating installations.

Reimbursement of electricity tax: Data from the electricity meters is used all year round for the monthly reporting for reimbursement of electricity tax.

Climate reporting: Jyske Bank uses data from the climate report function in MinEnergi2 to calculate its scope 1, 2 and 3 consumption, where the emphasis is principally on scope 1 and 2 for electricity, district heating and natural gas.

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Martin Gordon Andersen

Sales Manager

+45 22 71 40 18
maan@energidata.dk