Klima-, Energi- og Forsyningsministeriet (Ministry of Climate, Energy and Utilities) Due Diligence

Run due diligence on Klima-, Energi- og Forsyningsministeriet (Ministry of Climate, Energy and Utilities): check compliance and get alerts when suppliers or ownership change.

Denmark · owned by Government of Denmark (Denmark) · kefm.dk · 23 vendors

The Danish Ministry of Climate, Energy and Utilities is a government ministry responsible for climate policy, energy policy, and utilities regulation in Denmark. The ministry works on implementing Denmark's climate goals, including the 70% reduction target by 2030, and oversees renewable energy development and energy supply security.

Resilience scores

Digital Sovereignty: 52
Digital Resilience: 6
Financial Resilience: 10

Technology vendors

cBrain A/S — Technology — Denmark
ServiceNow, Inc. — Technology — United States
Umbraco A/S — Technology — Denmark
and 20 more

Insights

Last updated 2026-09-18 · revision 22

23 direct vendors, 252 subvendors

Direct vendors by controlling owner country (sample)

Japan: 1
Denmark: 8
United States: 7

Subvendors by controlling owner country (sample)

France: 4
Norway: 3
India: 1

Compliance

8 in-scope frameworks identified; showing 3.

Financials

Three-year financials

2024:
2023:
2022:

Financial Resilience Score: 10/10

KEFM is a Danish government ministry funded directly by the Danish state, which holds a AAA sovereign credit rating. As such, counterparty and credit risk is effectively zero, and traditional corporate financial metrics such as revenue, EBIT, and equity do not apply. Funding comes via parliamentary appropriation under §29 of the Finanslov (Danish Finance Act), and expenditure is tracked against that appropriation with outturn reported in Statsregnskabet. The ministry benefits from strong political tailwinds: climate is a durable multi-party priority in Denmark, and the Klimaloven (2020) legally binds a 70% emissions reduction by 2030, ensuring a rising funding trajectory. Appropriations under §29 have grown materially from 2022 through 2024, driven by green-transition packages, energy-crisis measures following Russia's invasion of Ukraine, CCS/CCUS funding, Energy Islands, offshore wind, biogas support, and district-heating conversion programmes. Key risks include political re-organisation risk (KEFM has been restructured multiple times since 2007), execution risk on major programmes such as Energy Island Bornholm and CCS tenders, and reliance on EU frameworks (ETS revenues, RePowerEU flows, CBAM implementation) where Brussels-level slippage can affect programme spend. Overall, however, sovereign funding and legally-binding climate targets give KEFM exceptional financial resilience.

Key strengths: Sovereign funding from AAA-rated Danish state, Legally binding 70% emissions reduction target by 2030 (Klimaloven 2020), Durable multi-party political support for climate agenda, Growing portfolio with earmarked pots for CCS/CCUS, Energy Islands, biogas, and district heating, Rising §29 appropriations from 2022 to 2024

Risk factors: Political re-organisation risk — ministerial structures periodically re-scoped after elections, Execution risk on major programmes (Energy Island Bornholm, CCS tenders, offshore-wind rounds), Reliance on EU frameworks (ETS, RePowerEU, CBAM) subject to Brussels-level delays, Budget re-profiling risk from delays in policy implementation

Revenue by geography

Denmark: 100%

Revenue by product/service

Energy (Energi): 55%
Climate (Klima): 30%
Utilities / Forsyning: 10%
Cross-cutting (EU & global): 5%

Workforce by country

Denmark: 300

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