Public Profile

Nordic Trustee

Nordic Trustee, headquartered in Norway, is a leading independent trustee and agency services provider in the Nordic region. Founded in 2005, the company has established a strong presence across key operational areas, including Sweden, Denmark, and Finland. Specialising in bond trustee services, Nordic Trustee offers a unique blend of expertise in capital markets, ensuring compliance and safeguarding the interests of bondholders. With a commitment to transparency and integrity, Nordic Trustee has achieved significant milestones, including managing a diverse portfolio of over 300 bond issues. The firm is recognised for its robust governance framework and innovative solutions, positioning it as a trusted partner in the financial services industry. As a prominent player in the Nordic market, Nordic Trustee continues to set benchmarks for excellence in trustee services.

DitchCarbon Score

How does Nordic Trustee'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.

13

Industry Benchmark

Nordic Trustee's score of 30 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

Nordic Trustee's reported carbon emissions

In 2022, Nordic Trustee reported total carbon emissions of approximately 1,785,053,167,000 kg CO2e, comprising 524,331,603,000 kg CO2e from Scope 1, 461,574,066,000 kg CO2e from Scope 2, and a significant 800,147,498,000 kg CO2e from Scope 3 emissions. This marked a notable shift in their emissions profile, particularly with a decrease in Scope 2 emissions compared to 2021, which were approximately 860,492,213,000 kg CO2e. Over the years, Nordic Trustee's emissions have shown fluctuations, with Scope 1 emissions increasing from about 416,037,625,000 kg CO2e in 2018 to 528,322,157,000 kg CO2e in 2021, before slightly decreasing in 2022. Scope 2 emissions peaked in 2020 at approximately 833,800,796,000 kg CO2e, while Scope 3 emissions have remained the largest contributor to their total emissions, peaking at about 800,147,498,000 kg CO2e in 2022. Despite these figures, Nordic Trustee has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments in line with industry standards. As a company headquartered in Norway, Nordic Trustee is positioned within a region increasingly focused on sustainability and climate action, which may influence future commitments and strategies.

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Add to project
20182019202020212022
Scope 1
416,037,625,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
Scope 2
811,367,116,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
Scope 3
387,529,397,000
000,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nordic Trustee'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. Nordic Trustee is headquartered in NO, which has a rank of very low, indicating very low grid carbon intensity.

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.

Nordic Trustee is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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