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 35 is higher than 85% 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 728,000 kg CO2e. This figure includes 6,000 kg CO2e from Scope 2 emissions, primarily related to purchased electricity, 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. In 2022, the company recorded total emissions of about 253,000 kg CO2e, indicating a substantial increase in 2023. However, Nordnet has set ambitious long-term climate commitments, aiming for net-zero emissions by 2050 across all scopes. This commitment was formalised in 2024, aligning with the Science Based Targets initiative (SBTi). Nordnet's emissions data highlights a trend of increasing emissions, with 2020 emissions at 153,000 kg CO2e and 2021 at 122,000 kg CO2e. The company is actively working towards its climate goals, focusing on reducing Scope 3 emissions, which represent the majority of its carbon footprint. As a financial institution based in Sweden, Nordnet is positioned within the banking and diverse financial services sector, where sustainability practices are increasingly critical.
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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 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.
