DNB Group, headquartered in Norway, is a leading financial services provider in the Nordic region. Founded in 1822, the company has evolved into a comprehensive banking institution, offering a wide range of services including retail banking, corporate finance, and asset management. With a strong presence across Norway and significant operations in Sweden and Denmark, DNB Group is well-positioned in the competitive financial landscape. The company is renowned for its innovative digital banking solutions, which enhance customer experience and streamline financial transactions. DNB Group's commitment to sustainability and responsible banking practices further distinguishes it in the industry. As one of the largest financial institutions in Norway, DNB Group has achieved numerous accolades, solidifying its reputation as a trusted partner for individuals and businesses alike.
How does DNB Group'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 Services Auxiliary to 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 Group's score of 56 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, DNB Group reported total carbon emissions of approximately 18,584,634,000 kg CO2e, primarily from Scope 3 emissions, which include investments. The group's Scope 1 emissions were about 67,000 kg CO2e, while Scope 2 emissions amounted to approximately 384,000 kg CO2e (market-based). In 2023, DNB's total emissions were around 18,005,969,000 kg CO2e, with Scope 1 and 2 emissions combined at about 72,000 kg CO2e. DNB Group has set significant reduction targets, aiming for a 47% reduction in emissions per square metre per year for home mortgages in both Scope 1 and Scope 2 by 2030, starting from 2020. This commitment reflects the group's focus on enhancing energy efficiency and reducing carbon intensity in its operations. The emissions data is not cascaded from a parent organization, and all figures are reported directly by DNB Group. The company is actively working towards its climate commitments, aligning with industry standards for sustainability and carbon reduction.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | - | - | - | 00,000 |
| Scope 2 | - | 000,000 | - | - | - | 000,000 |
| Scope 3 | 69,120,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 Group is participating in some 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.
