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.
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.
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.
Nordnet's score of 35 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nordnet reported total carbon emissions of approximately 728,000 kg CO2e. This figure includes 6,000 kg CO2e from Scope 2 emissions, primarily related to purchased electricity, heating, and cooling, and a significant 645,000 kg CO2e from Scope 3 emissions, which encompass business travel, employee commuting, and purchased goods and services. Over the years, Nordnet has demonstrated a commitment to reducing its carbon footprint. From 2020 to 2023, the company saw an increase in total emissions from 153,000 kg CO2e to 728,000 kg CO2e, indicating a need for enhanced sustainability measures. Notably, Nordnet has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi) guidelines. This long-term target encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. Nordnet's emissions data highlights the importance of addressing Scope 3 emissions, which represent the majority of their carbon footprint. The company is actively working towards its climate commitments, aiming to implement strategies that will significantly reduce its overall emissions in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 not participating in any 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.