Bank Norwegian ASA Sustainability Profile
Bank Norwegian ASA, headquartered in Norway, is a prominent player in the financial services industry, specialising in consumer banking. Founded in 2007, the bank has rapidly established itself as a key provider of personal loans, credit cards, and savings accounts, catering primarily to the Norwegian market while also extending its services to Sweden, Denmark, and Finland. With a focus on digital banking solutions, Bank Norwegian stands out for its user-friendly online platform and competitive interest rates. The bank's commitment to transparency and customer satisfaction has earned it a strong market position, making it a preferred choice for consumers seeking flexible financial products. Notable achievements include a growing customer base and recognition for its innovative approach to banking, solidifying its reputation in the Nordic financial landscape.
DitchCarbon Score
How does Bank Norwegian ASA'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
Bank Norwegian ASA's score of 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank Norwegian ASA, headquartered in Norway, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is classified as a merged entity, inheriting its performance data from NOBA Bank Group AB (publ) at a cascade level of 1. Despite the lack of direct emissions data, Bank Norwegian ASA's climate commitments and reduction initiatives are not explicitly outlined. There are no documented reduction targets or climate pledges available, which suggests that the company may still be in the early stages of formalising its climate strategy. As part of the financial services sector, Bank Norwegian ASA is positioned within an industry increasingly focused on sustainability and carbon neutrality. The absence of specific emissions data and reduction targets highlights an opportunity for the bank to enhance its climate commitments and align with industry standards for transparency and accountability in carbon management.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 80 | - |
| Scope 2 | 29,700 | 00,000 |
| Scope 3 | 31,698,000 | 00,000,000 |
How Carbon Intensive is Bank Norwegian ASA's Industry?
How Carbon Intensive is Bank Norwegian ASA's Location?
Bank Norwegian ASA's Scope 3 Categories Breakdown
Bank Norwegian ASA's Scope 3 emissions, which increased by 0% last year and increased by approximately 0% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 96% of Scope 3 emissions.
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Bank Norwegian ASA's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bank Norwegian ASA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
