Public Profile

DNB ASA

DNB ASA, commonly referred to as DNB, is Norway's largest financial services group, headquartered in Oslo. Founded in 1822, the company has evolved significantly, establishing a strong presence in the Nordic region and beyond. DNB operates primarily in the banking and financial services industry, offering a comprehensive range of products including personal banking, corporate finance, and investment services. With a commitment to innovation, DNB distinguishes itself through its digital banking solutions and customer-centric approach. The company has achieved notable milestones, such as being a leader in sustainable finance initiatives. DNB's robust market position is underscored by its extensive customer base and a reputation for reliability, making it a key player in the Scandinavian financial landscape.

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.

45

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.

29

Industry Benchmark

DNB ASA's score of 45 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%

DNB ASA's reported carbon emissions

In 2023, DNB ASA reported total carbon emissions of approximately 7.7 million tonnes CO2e. This figure includes 168,000 tonnes CO2e from Scope 1 emissions, 1.4 million tonnes CO2e from Scope 2 emissions, and about 6.2 million tonnes CO2e from Scope 3 emissions, with business travel contributing 5.2 million tonnes CO2e. Over the past few years, DNB ASA has made notable progress in reducing its carbon footprint. In 2022, the total emissions were around 6.7 million tonnes CO2e, indicating an increase in 2023. However, from 2020 to 2021, the company successfully reduced its total emissions from 6.3 million tonnes CO2e to approximately 3.9 million tonnes CO2e, showcasing a significant reduction effort. DNB ASA is committed to sustainability and has engaged in various climate initiatives, including participation in the "Caring For Climate" initiative and the "Climate Ambition Accelerator." The company has also been active in disclosing its emissions and climate strategies through platforms like CDP, where it has received various scores reflecting its climate performance. Overall, DNB ASA's emissions data and climate commitments highlight its ongoing efforts to address climate change, although the recent increase in emissions suggests a need for continued focus on reduction strategies.

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2020
2021
2022
2023
Scope 1
282,000
000,000
000,000
000,000
Scope 2
198,000
000,000
000,000
000,000
Scope 3
8,505,000
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.

SBTi
CDP
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