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.

41

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.

13

Industry Benchmark

Den Gule Banken's score of 41 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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 10,700 kg CO2e from Scope 2 emissions, primarily from purchased heat, and a significant 30,800 kg CO2e from Scope 3 emissions, predominantly related to purchased goods and services. In 2022, the bank's total emissions were about 71,600 kg CO2e, with Scope 2 emissions at 10,600 kg CO2e and Scope 3 emissions reaching 54,400 kg CO2e. The 2021 emissions were lower, totalling approximately 29,100 kg CO2e, with Scope 2 emissions at 10,100 kg CO2e and Scope 3 emissions at 19,000 kg CO2e. In 2020, the total emissions were about 35,400 kg CO2e, with Scope 1 emissions at 300 kg CO2e, Scope 2 at 12,200 kg CO2e, and Scope 3 at 22,800 kg CO2e. Despite these figures, Den Gule Banken has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The bank's emissions data reflects a complex landscape of carbon output, particularly in Scope 3, which is often the most challenging to manage.

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Add to project
2020202120222023
Scope 1
300
-
-
-
Scope 2
12,200
00,000
00,000
00,000
Scope 3
22,800
00,000
00,000
00,000

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. Den Gule Banken is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Den Gule Banken is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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