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 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nordnet's reported carbon emissions
In 2023, Nordnet reported total carbon emissions of approximately 728,000 kg CO2e, with Scope 2 emissions accounting for about 58,000 kg CO2e and Scope 3 emissions comprising around 645,000 kg CO2e. This represents a significant increase from previous years, where total emissions were approximately 253,000 kg CO2e in 2022 and 122,000 kg CO2e in 2021. Nordnet is committed to reducing its emissions in alignment with the Paris Agreement, applying the "Carbon Law" principle, which mandates halving emissions every ten years. By 2033, the company aims to reduce its emissions by at least 352 tonnes CO2e from its current level of 703 tonnes CO2e for both Scope 1 and Scope 2 emissions. Additionally, Nordnet has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment reflects the company's proactive approach to addressing climate change and its impact on the financial sector.
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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 participating in some 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.
