Ditchcarbon
  • Contact
  1. Organizations
  2. NOBA Bank Group AB (publ)
Public Profile
Financial Intermediation
SE
updated 2 months ago

NOBA Bank Group AB (publ)

Company website

NOBA Bank Group AB (publ), headquartered in Sweden, is a prominent player in the financial services industry, specialising in banking and financial solutions. Founded in recent years, the bank has quickly established itself in key operational regions across Scandinavia, focusing on providing innovative banking services tailored to meet the needs of both individuals and businesses. The bank offers a range of core products, including personal and business accounts, loans, and investment services, distinguished by their customer-centric approach and advanced digital platforms. NOBA Bank Group has achieved notable recognition for its commitment to sustainability and financial inclusion, positioning itself as a forward-thinking institution in the competitive banking landscape. With a focus on leveraging technology to enhance customer experience, NOBA Bank Group continues to make significant strides in the evolving financial sector.

DitchCarbon Score

How does NOBA Bank Group AB (publ)'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.

38

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.

30

Industry Benchmark

NOBA Bank Group AB (publ)'s score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

Let us know if this data was useful to you

NOBA Bank Group AB (publ)'s reported carbon emissions

In 2023, NOBA Bank Group AB (publ) reported total carbon emissions of approximately 31,728,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 31,628,000 kg CO2e. The bank's Scope 2 emissions were reported at approximately 30,000 kg CO2e, with a market-based approach contributing about 29,700 kg CO2e and a location-based approach at about 101,600 kg CO2e. Notably, the bank did not disclose any Scope 1 emissions data for this year. In 2022, the bank's total emissions were similar, at approximately 31,728,000 kg CO2e, with Scope 1 emissions recorded at about 80 kg CO2e, Scope 2 emissions at approximately 55,000 kg CO2e, and Scope 3 emissions again dominating the total at about 31,698,000 kg CO2e. Despite these substantial emissions figures, NOBA Bank Group AB (publ) has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from any parent organisation, indicating that it operates independently in its reporting and climate commitments. Overall, while NOBA Bank Group AB (publ) has provided detailed emissions data, it currently lacks defined climate reduction strategies or commitments to mitigate its carbon footprint.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
80
-
Scope 2
29,700
00,000
Scope 3
31,698,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. NOBA Bank Group AB (publ)'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 NOBA Bank Group AB (publ) is in SE, 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.

NOBA Bank Group AB (publ) 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

Similar Organizations

Hsbc Holdings

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Swedbank

SE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Nordea Bank

FI
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Deutsche Bank

DE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Bnp Paribas

FR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Handelsbanken AB (publ), Asset Management Arm

SE
Updated 17 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251007.2
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy