Public Profile

Den Gule Banken

Den Gule Banken, also known as The Yellow Bank, is a prominent financial institution headquartered in Norway. Established in 2000, the bank has made significant strides in the financial services sector, focusing on personal banking, business financing, and innovative digital solutions. With a strong presence across Norway, Den Gule Banken has carved out a niche in providing tailored financial products that cater to both individual and corporate clients. The bank is renowned for its unique approach to customer service, leveraging technology to enhance user experience while maintaining a personal touch. Den Gule Banken has achieved notable recognition in the industry, positioning itself as a trusted partner for financial growth and stability. With a commitment to sustainability and community engagement, the bank continues to evolve, meeting the diverse needs of its clientele in an ever-changing market landscape.

DitchCarbon Score

How does Den Gule Banken'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.

38

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.

26

Industry Benchmark

Den Gule Banken's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Den Gule Banken's reported carbon emissions

In 2023, Den Gule Banken reported total carbon emissions of approximately 30,865,200 kg CO2e. This figure includes zero emissions from Scope 1, about 10,700 kg CO2e from Scope 2, and a significant 30,854,400 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from business travel and employee commuting. In 2022, the bank's total emissions were about 71,600 kg CO2e, with Scope 2 emissions at approximately 10,600 kg CO2e and Scope 3 emissions reaching around 61,100 kg CO2e. The previous year, 2021, saw total emissions of about 29,100 kg CO2e, with Scope 2 emissions at approximately 10,100 kg CO2e and Scope 3 emissions at about 19,000 kg CO2e. Den Gule Banken has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further engagement in climate action and sustainability practices within the banking sector.

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2020202120222023
Scope 1
300
-
-
-
Scope 2
12,000
00,000
00,000
00,000
Scope 3
22,800
00,000
00,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Den Gule Banken's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Den Gule Banken is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Den Gule Banken 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers