DNB Group
DNB Group, headquartered in Norway, is a leading financial services provider in the Nordic region. Founded in 1822, the company has evolved into a comprehensive banking institution, offering a wide range of services including retail banking, corporate finance, and asset management. With a strong presence across Norway and significant operations in Sweden and Denmark, DNB Group is well-positioned in the competitive financial landscape. The company is renowned for its innovative digital banking solutions, which enhance customer experience and streamline financial transactions. DNB Group's commitment to sustainability and responsible banking practices further distinguishes it in the industry. As one of the largest financial institutions in Norway, DNB Group has achieved numerous accolades, solidifying its reputation as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does DNB Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
DNB Group's score of 55 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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DNB Group's reported carbon emissions
In 2024, DNB Group reported total carbon emissions of approximately 451,000 kg CO2e, comprising 67,000 kg CO2e from Scope 1 and 384,000 kg CO2e from Scope 2 emissions. The previous year, 2023, saw total emissions of about 7,745,000 kg CO2e, with Scope 1 emissions at 168,000 kg CO2e, Scope 2 emissions at 210,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled approximately 6,169,000 kg CO2e. Notably, business travel accounted for about 5,219,000 kg CO2e of these Scope 3 emissions. DNB Group has set ambitious reduction targets, aiming for a 47% reduction in emissions per square metre for home mortgages and Scope 2 emissions by 2030, starting from 2020 levels. This commitment reflects the organisation's focus on enhancing sustainability within its operations and services. The emissions data is sourced directly from DNB Bank ASA, with no cascaded data from parent or related organisations. DNB Group's climate commitments align with industry standards, demonstrating a proactive approach to managing and reducing its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 69,120,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
DNB Group is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
