Ikano Bank, a prominent financial institution headquartered in Sweden, has established itself as a key player in the banking industry since its inception in 1988. With a strong presence in the Nordic region and beyond, Ikano Bank offers a range of financial services, including personal loans, savings accounts, and credit cards, tailored to meet the diverse needs of its customers.
Renowned for its customer-centric approach, Ikano Bank distinguishes itself through competitive interest rates and flexible repayment options. The bank's commitment to responsible lending and financial inclusion has earned it a solid reputation in the market. Over the years, Ikano Bank has achieved significant milestones, positioning itself as a trusted partner for individuals seeking reliable financial solutions.
+15 vs industry average
Ikano Bank’s score of 52 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ikano Bank's reported carbon emissions
Ikano Bank, headquartered in Sweden, reported total emissions of approximately 95.6 billion kg CO2e for 2025. This figure encompasses Scope 1, 2, and 3 emissions. The breakdown for 2025 includes Scope 1 emissions of about 420,000 kg CO2e, Scope 2 emissions (market-based) of approximately 43,000 kg CO2e, and Scope 3 emissions totalling around 95.1 billion kg CO2e. Significant contributors to Scope 3 emissions in 2025 were downstream leased assets, accounting for approximately 69.7 billion kg CO2e, and investments, contributing about 23 billion kg CO2e.
In 2024, Ikano Bank's total emissions were approximately 93.7 billion kg CO2e, with Scope 1 at about 208,000 kg CO2e, Scope 2 (market-based) at around 40,000 kg CO2e, and Scope 3 at approximately 93.5 billion kg CO2e. The largest Scope 3 categories for 2024 were downstream leased assets (approximately 68 billion kg CO2e) and investments (about 22.6 billion kg CO2e).
For 2023, the bank reported total emissions of approximately 27.5 billion kg CO2e. Scope 1 emissions were around 154,000 kg CO2e, Scope 2 (market-based) were about 1,000 kg CO2e, and Scope 3 emissions totalled approximately 27.5 billion kg CO2e, with investments being the most significant category at roughly 24.6 billion kg CO2e.
Ikano Bank's emissions data is inherited from its corporate parent, Ikano Bank AB (publ), as it is a current subsidiary. The available information does not detail specific reduction targets or achievements implemented by Ikano Bank.
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Ikano Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Ikano Bank yet.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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