DNB Group

DNB Group, headquartered in Norway and operating in financial intermediation services, is committed to significant emissions reductions and achieving net-zero targets. For 2025, DNB Group reported total emissions of approximately 58.5 billion kg CO2e. This figure comprises approximately 58,000 kg CO2e for Scope 1, and approximately 391,000 kg CO2e for Scope 2 (market-based). Scope 3 emissions, primarily driven by investments, were approximately 58.5 billion kg CO2e.

In 2024, total emissions were approximately 35.6 billion kg CO2e, with Scope 1 at about 67,000 kg CO2e and Scope 2 (market-based) at approximately 384,000 kg CO2e. Scope 3 emissions, also heavily influenced by investments, were around 35.6 billion kg CO2e.

Looking at previous years, DNB Group's total emissions for 2023 were approximately 6.9 billion kg CO2e, with Scope 1 at about 168,000 kg CO2e and Scope 2 (market-based) at approximately 210,000 kg CO2e. Scope 3 emissions for business travel and waste generated in operations were reported as 5.2 million kg CO2e and 233,000 kg CO2e, respectively. In 2022, total emissions were approximately 2.0 billion kg CO2e, with Scope 1 at 186,000 kg CO2e and Scope 2 (market-based) at 119,000 kg CO2e. Scope 3 emissions for business travel and waste were 3.8 million kg CO2e and 228,000 kg CO2e, respectively.

DNB Group has set ambitious climate commitments, including a long-term goal to achieve net-zero greenhouse gas emissions from its financing and investment activities, as well as its own operations, by 2050. This net-zero target encompasses all scopes. Additionally, there is a near-term target for Scope 1 emissions with a 1% reduction from 2023 levels by 2030. For home mortgages, DNB Group aims for a 47% intensity reduction in kg CO2e per square metre per year for both Scope 1 and Scope 2 emissions by 2030, with a 2020 baseline.