NOBA Bank Group AB (publ)
NOBA Bank Group AB (publ), headquartered in Sweden, is a prominent player in the financial services industry, specialising in banking and financial solutions. Founded in recent years, the bank has quickly established itself in key operational regions across Scandinavia, focusing on providing innovative banking services tailored to meet the needs of both individuals and businesses. The bank offers a range of core products, including personal and business accounts, loans, and investment services, distinguished by their customer-centric approach and advanced digital platforms. NOBA Bank Group has achieved notable recognition for its commitment to sustainability and financial inclusion, positioning itself as a forward-thinking institution in the competitive banking landscape. With a focus on leveraging technology to enhance customer experience, NOBA Bank Group continues to make significant strides in the evolving financial sector.
DitchCarbon Score
How does NOBA Bank Group AB (publ)'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 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
NOBA Bank Group AB (publ)'s score of 41 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NOBA Bank Group AB (publ)'s reported carbon emissions
In 2023, NOBA Bank Group AB (publ) reported total carbon emissions of approximately 31,728,000 kg CO2e. This figure includes emissions from Scope 1, which totalled 80 kg CO2e, and Scope 2 emissions of about 30,000 kg CO2e. The majority of their emissions stem from Scope 3, amounting to approximately 31,728,000 kg CO2e, primarily driven by investments (30,410,000 kg CO2e) and employee commuting (700,700 kg CO2e). In 2022, the bank's total emissions were about 31,728,000 kg CO2e, with Scope 1 emissions remaining consistent at 80 kg CO2e and Scope 2 emissions reported at approximately 55,000 kg CO2e. The Scope 3 emissions for that year were also significant, at around 31,698,000 kg CO2e. Despite these figures, NOBA Bank Group AB has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for further commitment to climate action within the banking sector. The bank's emissions data highlights the importance of addressing Scope 3 emissions, which represent the largest portion of their carbon footprint.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 80 | 00 |
| Scope 2 | 29,700 | 00,000 |
| Scope 3 | 31,698,000 | 00,000,000 |
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.
NOBA Bank Group AB (publ) is not participating in any 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.
