Public Profile

Kommunalbanken AS

Kommunalbanken AS, commonly referred to as KBN, is a leading financial institution headquartered in Norway. Established in 1999, KBN primarily serves the public sector, providing financing solutions tailored for municipalities and county authorities across the country. With a strong focus on sustainable development, the bank has positioned itself as a key player in the Norwegian financial landscape. KBN offers a range of core services, including long-term loans and financial advisory, distinguished by its commitment to low-cost funding and risk management. The bank's unique approach to financing public projects has earned it a reputation for reliability and efficiency. As a result, Kommunalbanken AS has achieved significant milestones, solidifying its market position as a trusted partner for local governments in Norway.

DitchCarbon Score

How does Kommunalbanken AS'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.

30

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.

27

Industry Benchmark

Kommunalbanken AS's score of 30 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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Kommunalbanken AS's reported carbon emissions

Kommunalbanken AS, headquartered in Norway, currently does not have available data on its carbon emissions, as no specific emissions figures have been reported. Consequently, there are no documented reduction targets or climate commitments outlined by the bank. In the absence of concrete emissions data, it is essential to note that many financial institutions are increasingly focusing on sustainability and climate-related initiatives. However, without specific commitments or targets from Kommunalbanken AS, it is challenging to assess their position in the context of climate action.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kommunalbanken AS's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Kommunalbanken AS is in NO, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Kommunalbanken AS is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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