Nordnet
Nordnet AB, commonly referred to as Nordnet, is a leading online brokerage firm headquartered in Sweden (SE). Established in 1996, Nordnet has grown to become a prominent player in the Nordic financial services industry, with a strong presence in Sweden, Norway, Denmark, and Finland. The company focuses on providing innovative investment solutions, including stock trading, savings accounts, and pension services, catering to both individual and institutional investors. Nordnet distinguishes itself through its user-friendly digital platform, which offers a range of tools and resources for investors. The firm has achieved significant milestones, such as launching its mobile app and expanding its product offerings to include sustainable investment options. With a commitment to transparency and customer empowerment, Nordnet has solidified its market position as a trusted partner for investors seeking to navigate the complexities of the financial landscape.
DitchCarbon Score
How does Nordnet'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.
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.
Industry Benchmark
Nordnet's score of 35 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nordnet's reported carbon emissions
In 2023, Nordnet reported total carbon emissions of 728,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for approximately 645,000 kg CO2e. This included 189,000 kg CO2e from business travel and 69,000 kg CO2e from employee commuting. Scope 2 emissions were reported at about 58,000 kg CO2e, primarily from purchased heat and electricity. Over the years, Nordnet has demonstrated a commitment to reducing its carbon footprint. From 2020 to 2021, the company achieved a notable reduction in total emissions, decreasing from 153,000 kg CO2e to 122,000 kg CO2e. However, emissions increased again in 2022 to 253,000 kg CO2e, before rising significantly in 2023. Nordnet has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment encompasses all scopes of emissions, aligning with the Science Based Targets initiative (SBTi). The company is actively working towards this goal, having established a near-term target status of "Committed" to further its sustainability efforts. Overall, Nordnet's emissions data reflects the challenges and complexities of managing carbon emissions in the financial sector, while its climate commitments indicate a proactive approach to addressing climate change.
Unlock detailed emissions data
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 400 | - | 000 | - | - | - |
| Scope 2 | 87,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 167,000 | 000,000 | 00,000 | 00,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions 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.
Nordnet is committed to some 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.
