DNB Bank ASA Sustainability Profile
DNB Bank ASA, headquartered in Oslo, Norway, stands as a leading financial institution in the Nordic region. Founded in 1822, DNB has evolved into a comprehensive banking and financial services provider, catering to both personal and corporate clients across Norway and internationally. The bank's core offerings include retail banking, corporate banking, asset management, and insurance services, distinguished by a strong emphasis on digital innovation and customer-centric solutions. DNB's commitment to sustainability and responsible banking practices further enhances its market position, making it a trusted partner for millions. With a robust presence in key operational regions, DNB Bank ASA continues to achieve notable milestones, solidifying its reputation as a pillar of the Norwegian financial landscape.
DitchCarbon Score
How does DNB Bank 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 Bank ASA's score of 55 is higher than 74% 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 Bank ASA, headquartered in Norway (NO), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, with no specific targets or pledges outlined in the available information. However, it is noted that DNB Bank ASA's climate-related data is cascaded from its own operations, reflecting a merged entity status. This means that while specific emissions data is not available, the bank is likely aligned with broader industry standards and practices regarding climate commitments. As a financial institution, DNB Bank ASA may be involved in initiatives such as the Carbon Disclosure Project (CDP), which it sources data from, indicating a level of engagement with climate-related disclosures. The absence of specific reduction targets or achievements suggests that the bank may still be in the process of developing or formalising its climate strategy. In summary, while DNB Bank ASA has not provided specific emissions data or reduction targets, its involvement in climate initiatives and the cascading of data from its own operations suggest a commitment to addressing climate change within the financial sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | - | 0,000,000 | - | 00,000 |
| Scope 2 | - | 000,000 | - | 000,000 | - | 000,000 |
| Scope 3 | 69,120,000 | 0,000,000 | 00,000,000,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is DNB Bank ASA's Industry?
How Carbon Intensive is DNB Bank ASA's Location?
DNB Bank ASA's Scope 3 Categories Breakdown
DNB Bank ASA's Scope 3 emissions, which increased by 3% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
DNB Bank 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 Bank 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.
