Nordnet
Nordnet AB, commonly referred to as Nordnet, is a leading online brokerage firm headquartered in Stockholm, Sweden. Established in 1996, Nordnet has expanded its operations across the Nordic region, including Norway, Denmark, and Finland, positioning itself as a key player in the financial services industry. Nordnet offers a range of innovative investment products and services, including stock trading, savings accounts, and pension solutions, distinguished by its user-friendly digital platform. The company has achieved significant milestones, such as pioneering commission-free trading in the Nordic market, which has enhanced accessibility for retail investors. With a strong market presence and a commitment to empowering individual investors, Nordnet continues to be recognised for its customer-centric approach and robust technological infrastructure, making it a preferred choice for those seeking to navigate the complexities of investing.
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 40 is higher than 83% 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 approximately 703,000 tonnes CO2e. This figure includes 6.2 million tonnes from Scope 1 emissions, 2.2 million tonnes from Scope 2, and about 29.7 million tonnes from Scope 3 emissions, which encompass indirect emissions from sources such as business travel and employee commuting. Over the years, Nordnet has demonstrated a commitment to reducing its carbon footprint. Notably, the company has set a long-term target to achieve net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitment, which began in 2023. This ambitious goal aligns with global efforts to mitigate climate change and reflects Nordnet's dedication to sustainability within the financial sector. In terms of emissions trends, Nordnet's total emissions have fluctuated, with a significant reduction in total emissions from 2020 to 2021, where they dropped from 153,000 tonnes to 122,000 tonnes. This indicates a positive trajectory towards their long-term climate commitments. Nordnet's ongoing initiatives and targets underscore its role in promoting environmental responsibility and addressing climate change within the financial industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 6,235,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,192,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 29,731,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
