Public Profile

DNB ASA

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.

DitchCarbon Score

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.

25

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

DNB ASA's score of 25 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

DNB ASA's reported carbon emissions

In 2023, DNB ASA reported total carbon emissions of approximately 7,745,000 kg CO2e. This figure includes 168,000 kg CO2e from Scope 1 emissions, 1,408,000 kg CO2e from Scope 2 emissions, and a significant 6,169,000 kg CO2e from Scope 3 emissions, which encompasses business travel and waste generated in operations. The previous year, 2022, saw total emissions of about 6,663,000 kg CO2e, with Scope 1 emissions at 186,000 kg CO2e, Scope 2 emissions at 1,626,000 kg CO2e, and Scope 3 emissions reaching 4,851,000 kg CO2e. This indicates an increase in emissions from 2022 to 2023. DNB ASA has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have reported emissions intensity metrics for various portfolios, such as the emissions intensity of financing motor vehicles and the life insurance portfolio, which are important for understanding their overall impact. Overall, DNB ASA's emissions data highlights the need for ongoing assessment and potential strategies to mitigate their carbon footprint, particularly in Scope 3 emissions, which represent the largest portion of their total emissions.

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Add to project
2020202120222023
Scope 1
282,000
000,000
000,000
000,000
Scope 2
198,000
000,000
000,000
000,000
Scope 3
2,835,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. DNB ASA'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. DNB ASA 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.

DNB ASA is committed to some 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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Where does DitchCarbon data come from?

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