DNB ASA Sustainability Profile
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.
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.
Industry Benchmark
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.
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DNB ASA's reported carbon emissions
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.
How Carbon Intensive is DNB ASA's Industry?
How Carbon Intensive is DNB ASA's Location?
DNB ASA's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
DNB ASA has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
