Nordnet

Nordnet's reported carbon emissions

Nordnet's carbon emissions data for 2024 indicates total emissions of approximately 602,000 kg CO2e. This includes approximately 1,000 kg CO2e for Scope 1, approximately 41,000 kg CO2e for Scope 2 (location-based), and approximately 581,000 kg CO2e for Scope 3. Within Scope 3, purchased goods and services represent the largest portion at approximately 284,000 kg CO2e, followed by employee commute at approximately 91,000 kg CO2e and business travel at approximately 89,000 kg CO2e. In 2023, Nordnet reported total emissions of approximately 719,000 kg CO2e. This comprised approximately 0 kg CO2e for Scope 1, approximately 83,000 kg CO2e for Scope 2 (location-based), and approximately 661,000 kg CO2e for Scope 3. Nordnet has established a long-term objective to reduce its emissions in line with the Paris Agreement, aiming to halve its emissions every ten years. Specifically, the company targets a reduction of at least 352 tonnes CO2e by 2033, starting from its 2023 emission levels. This commitment covers both Scope 1 and Scope 2 emissions. Furthermore, in 2021, Nordnet reported a 35% reduction in greenhouse gas emissions per trade, reaching 1.7 g CO2e per trade. Nordnet is committed to net-zero emissions by 2050, with a financial institutions net-zero commitment deadline of 24 months from the launch of the Financial Institutions Net-Zero Standard.