DNB ASA, commonly referred to as DNB, is a leading financial services group headquartered in Oslo, Norway. Founded in 1822, DNB has evolved into a prominent player in the Nordic banking sector, offering a comprehensive range of services across retail banking, corporate banking, and investment management. With a strong presence in Norway and significant operations in Sweden, Denmark, and the UK, DNB is well-positioned to serve both individual and business clients. The bank's core products include personal loans, mortgages, and asset management services, distinguished by their customer-centric approach and innovative digital solutions. DNB's commitment to sustainability and responsible banking has earned it recognition as a market leader, consistently ranking among the top financial institutions in the region. With a rich history and a forward-looking vision, DNB ASA continues to shape the future of banking in the Nordic countries.
How does DNB 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.
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.
DNB ASA's score of 14 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, DNB ASA, headquartered in Norway, reported no specific carbon emissions data, including Scope 1, 2, or 3 emissions. The absence of disclosed emissions figures indicates a lack of detailed reporting on their carbon footprint for that year. Furthermore, DNB ASA has not set any reduction targets or climate pledges, which suggests a limited commitment to formal climate initiatives at this time. The company’s sustainability efforts may be reflected in their investment strategies, such as the DNB Fund Emerging Markets Equities, which has an associated emission factor of approximately 0.000095 kg CO2e per USD of revenue. However, without comprehensive emissions data or reduction commitments, it is challenging to assess the overall impact of DNB ASA's climate strategies. As of now, DNB ASA does not inherit emissions data from any parent or related organizations, indicating that their climate reporting is independent. The lack of specific targets or commitments may place DNB ASA at a disadvantage in the increasingly climate-conscious financial sector.
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 ASA 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.
