NLB d.d., commonly known as NLB, is a prominent banking institution headquartered in Slovenia (SI). Established in 1994, NLB has evolved into a key player in the financial services industry, primarily serving the Central and South-Eastern European markets. The bank offers a comprehensive range of products and services, including retail banking, corporate banking, and asset management, distinguished by its customer-centric approach and innovative digital solutions. With a strong market position, NLB has achieved significant milestones, including its successful initial public offering in 2018. The bank is recognised for its commitment to sustainability and social responsibility, further enhancing its reputation in the region. NLB continues to adapt to the evolving financial landscape, ensuring it meets the diverse needs of its clients while maintaining a focus on growth and stability.
How does Nlb'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 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.
Nlb's score of 63 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, NLB reported total carbon emissions of approximately 11,182,844,000 kg CO2e. This figure includes Scope 1 emissions of about 3,029,000 kg CO2e, primarily from mobile combustion (1,788,000 kg CO2e) and fugitive emissions (537,000 kg CO2e). Scope 2 emissions totalled around 10,718,000 kg CO2e, with purchased electricity accounting for 6,095,000 kg CO2e. Notably, Scope 3 emissions were significant, reaching approximately 11,175,198,000 kg CO2e, largely driven by investments (about 11,162,996,000 kg CO2e) and employee commuting (3,608,000 kg CO2e). In 2023, NLB's total emissions were slightly lower at about 11,018,996,000 kg CO2e, with Scope 1 emissions at 3,418,000 kg CO2e and Scope 2 emissions at 11,822,000 kg CO2e. The Scope 3 emissions for that year were approximately 11,007,832,000 kg CO2e. NLB has set ambitious climate commitments, aiming for net-zero emissions for Scope 1 and Scope 2 by 2025. This initiative is part of their goal to become the first "CO₂ free" factory within the Bosch Group. The commitment reflects a significant reduction target, demonstrating NLB's proactive approach to addressing climate change. The emissions data is sourced directly from NLB, with no cascading from a parent organization. The bank's climate strategy aligns with industry standards, focusing on transparency and accountability in emissions reporting.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,680,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 28,242,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,013,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 |
Nlb's Scope 3 emissions, which increased by 2% 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" being the largest emissions source at 100% of Scope 3 emissions.
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.
Nlb 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.
