Nordnet AB

Sustainability Report and Carbon Intensity Rankings

Is Nordnet AB doing their part?

Their DitchCarbon score is 58

Nordnet AB has a DitchCarbon Score of 58 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would signify greater success in achieving lower carbon intensity and better environmental performance.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Nordnet AB is a company in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Nordnet AB is based in Sweden, a country with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by providing a cleaner energy grid and infrastructure.
7.17%

...this company is doing 7.17% better in emissions than the industry average.

Nordnet AB, founded in 1996 and headquartered in Stockholm, operates within the finance sector as a digital bank specializing in savings and investments. Serving Sweden, Norway, Denmark, and Finland, the company focuses on providing a user-friendly platform, comprehensive offerings, and competitive pricing to empower customers in their investment journey. With a workforce of 500 employees, Nordnet delivers a suite of digital advisory services, investment tools, and applications designed to facilitate informed financial decisions for its users.

Bad news, Nordnet AB hasn't committed to SBTi goals yet.

Nordnet AB has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is either in the process of setting their emissions reduction targets or has not yet taken the formal step to align with the SBTi’s stringent climate goals.

There’s always room for improvement,

DitchCarbon recommends...

Nordnet AB should foster sustainability practices throughout their supply chain to significantly reduce their Scope 3 emissions, potentially decreasing their total emissions by 35%.
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✓ Comprehensive database of calculators, life cycle analysis, carbon footprints of companies

✓ Peer group, recommended actions, historical reports, data sources

✓ Complete Scope 1-2-3 data, emission factors, yearly breakdown

✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.