Norwegian Block Exchange AS
Norwegian Block Exchange AS, commonly referred to as NBX, is a prominent player in the cryptocurrency exchange industry, headquartered in Norway. Established in 2018, NBX has rapidly gained recognition for its secure and user-friendly platform, catering primarily to the Nordic region while also serving a growing international clientele. Specialising in the trading of various cryptocurrencies, NBX offers unique features such as a robust security framework and a commitment to regulatory compliance, setting it apart from competitors. The exchange has achieved significant milestones, including the launch of innovative trading tools and a mobile application, enhancing user experience and accessibility. With a strong market position, Norwegian Block Exchange AS continues to be a trusted choice for both novice and experienced traders, reflecting its dedication to fostering a safe and efficient trading environment in the evolving digital asset landscape.
DitchCarbon Score
How does Norwegian Block Exchange AS'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
Norwegian Block Exchange AS's score of 33 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Norwegian Block Exchange AS's reported carbon emissions
In 2022, Norwegian Block Exchange AS reported significant carbon emissions, totalling approximately 1,741,631,000 kg CO2e globally. This figure includes 1,741,631,000 kg CO2e from Scope 1 emissions, which primarily stem from direct operations, and 379,000 kg CO2e from Scope 2 emissions related to purchased electricity and heat. Additionally, Scope 3 emissions accounted for approximately 369,447,000 kg CO2e, primarily from fuel and energy-related activities and purchased goods and services. Regionally, the emissions data for Norway in 2022 indicated Scope 2 emissions of about 73,900 kg CO2e from purchased heat, 1,300 kg CO2e from purchased cooling, and 20,800 kg CO2e from purchased electricity, alongside 3,200 kg CO2e from Scope 3 emissions. Other regions, such as Denmark, Spain, and the UK, also contributed to the overall emissions, with notable figures in Scope 2 and Scope 3 emissions. Despite the extensive emissions data, Norwegian Block Exchange AS has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company does not inherit emissions data from a parent organization, and all reported figures are derived directly from its operations. Overall, while Norwegian Block Exchange AS has a substantial carbon footprint, it currently lacks defined strategies for emissions reduction or climate commitments, positioning it within an industry context that increasingly prioritises sustainability and carbon neutrality.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 606,475,000 | 0,000,000,000 |
| Scope 2 | 406,000 | 000,000 |
| Scope 3 | 733,766,000 | 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.
Norwegian Block Exchange AS 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.
