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 94% 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 kg CO2e. This figure includes 58,000 kg CO2e from Scope 2 emissions, primarily from purchased electricity, heating, and cooling, while Scope 3 emissions accounted for a significant 645,000 kg CO2e, with major contributions from business travel (189,000 kg CO2e) and purchased goods and services (236,000 kg CO2e). Over the years, Nordnet has demonstrated a commitment to reducing its carbon footprint. From 2018 to 2021, the company achieved a notable reduction in total emissions, decreasing from 167,000 kg CO2e in 2018 to 122,000 kg CO2e in 2021. However, emissions increased to 225,000 kg CO2e in 2022 and further to 703,000 kg CO2e in 2023, indicating fluctuations in their carbon output. 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) framework. The company is actively working towards this goal, having set a near-term target status as "Committed" as of September 2024. Overall, Nordnet's emissions data and climate commitments reflect a proactive approach to sustainability, despite recent increases in emissions, and underscore their dedication to long-term environmental goals.
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Add to project| 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.
