DNB Bank ASA

Common Name
DNB Bank
Country
Norway
Sector
Financial Services
Industry
Banks - Regional
Employees
11,045
Ticker
DNB
Exchange
OSLO BORS
Website
www.dnb.no
Description
DNB Bank ASA is a prominent financial services institution based in Norway and represents one of the largest banks in the Nordic region. Founded in its modern form in 2003 through the merger of multip...

DNB Bank's GHG Emissions Data Preview

In 2024, DNB Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

DNB Bank has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Download Data

Verified Sources Behind DNB Bank’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore DNB Bank’s data sources below and access millions more through our Disclosure Search.

a. DNB Bank's ESG Data Spreadsheet 2024
a. DNB Bank's ESG Data Spreadsheet 2024
b. DNB Bank's Annual Report 2023
b. DNB Bank's Annual Report 2023

Insights into DNB Bank's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of DNB Bank amounted to 1,446.1 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of DNB Bank decreased by 8.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

DNB Bank's Scope 1 Emissions Over Time

2021202220232024065130195260tCO2e-23%-10%-60%
  • Total Scope 1
  • Year-over-Year Change

What are DNB Bank's Scope 1 emissions?

In 2024, the total Scope 1 emissions of DNB Bank were 67.1 metric tons of CO₂ equivalent (tCO₂e). a

Has DNB Bank reduced its Scope 1 emissions over time?

Since 2021, DNB Bank's Scope 1 emissions have decreased by 72.27%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), DNB Bank's Scope 1 emissions decreased by 60.06%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are DNB Bank's Scope 2 emissions?

In 2024, DNB Bank reported Scope 2 greenhouse gas (GHG) emissions of 384 tCO₂e using the market-based method and 1,379 tCO₂e using the location-based method. a

Has DNB Bank reduced its Scope 2 emissions over time?

Since 2021, DNB Bank's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 27.95%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), DNB Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that DNB Bank 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does DNB Bank use for Scope 2 reporting?

In 2024, DNB Bank reported its Scope 2 emissions using the market-based method and using the location-based method. a

DNB Bank's Scope 2 Emissions Over Time

202120222023202405001 k1.5 k2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into DNB Bank's Value Chain Emissions

In 2024, DNB Bank reported 25,515,575 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of DNB Bank includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, down from 3 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

DNB Bank's Scope 3 Emissions Over Time

202120222023202406.5 M13 M19.5 M26 MtCO2e+177%+27%+413510%
  • Total Scope 3
  • Year-over-Year Change

What are DNB Bank's Scope 3 emissions?

In 2024, DNB Bank reported total Scope 3 emissions of 25,515,575 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has DNB Bank reduced its Scope 3 emissions over time?

Since 2021, DNB Bank's Scope 3 emissions have increased by 1,458,766.5%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), DNB Bank's Scope 3 emissions increased by 413,509.58%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does DNB Bank disclose?

In 2024, DNB Bank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of DNB Bank's Scope 3 emissions?

In 2024, the largest contributors to DNB Bank's Scope 3 emissions were: a

  • Investments (Cat. 15): 25,515,575 tCO₂e (100%)

DNB Bank's Scope 3 Emissions by Categories

Investments(Cat. 15)(100.0%)

Insights into DNB Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2024, DNB Bank reported Scope 1 greenhouse gas (GHG) emissions of 67.1 tCO₂e and total revenues of USD 7,456 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD. a

DNB Bank's Scope 1 Emissions Intensity Compared to Peers

10505005,00050,000Scope 1 Emissions (tCO2e)2005002,00020,00050,000Revenues (Millions of USD)Sparebank 1 Sor-NorgeYear: 2023Scope 1: 28 tCO2eRevenue: $M 833Scope 1 Intensity: 0.03 tCO2e/$MBank of BarodaYear: 2025Scope 1: 1,807 tCO2eRevenue: $M 8,154Scope 1 Intensity: 0.22 tCO2e/$MPunjab National BankYear: 2025Scope 1: 10,621 tCO2eRevenue: $M 6,994Scope 1 Intensity: 1.52 tCO2e/$MCitizens Financial GroupYear: 2024Scope 1: 9,552 tCO2eRevenue: $M 7,794Scope 1 Intensity: 1.23 tCO2e/$MTurkiye Garanti BankasiYear: 2024Scope 1: 16,820 tCO2eRevenue: $M 8,120Scope 1 Intensity: 2.07 tCO2e/$MBank of BeijingYear: 2023Scope 1: 164 tCO2eRevenue: $M 9,321Scope 1 Intensity: 0.02 tCO2e/$MBank of NanjingYear: 2023Scope 1: 2,792 tCO2eRevenue: $M 6,236Scope 1 Intensity: 0.45 tCO2e/$MResona HoldingsYear: 2024Scope 1: 4,321 tCO2eRevenue: $M 5,081Scope 1 Intensity: 0.85 tCO2e/$MWoori Financial GroupYear: 2023Scope 1: 10,954 tCO2eRevenue: $M 9,235Scope 1 Intensity: 1.19 tCO2e/$MMalayan BankingYear: 2024Scope 1: 11,761 tCO2eRevenue: $M 6,268Scope 1 Intensity: 1.88 tCO2e/$MBPER BancaYear: 2024Scope 1: 10,614 tCO2eRevenue: $M 6,232Scope 1 Intensity: 1.70 tCO2e/$MRegions FinancialYear: 2024Scope 1: 6,004 tCO2eRevenue: $M 7,083Scope 1 Intensity: 0.85 tCO2e/$MFifth Third BancorpYear: 2024Scope 1: 9,449 tCO2eRevenue: $M 8,253Scope 1 Intensity: 1.14 tCO2e/$MQatar Islamic BankYear: 2024Scope 1: 87 tCO2eRevenue: $M 1,815Scope 1 Intensity: 0.05 tCO2e/$MSwedbankYear: 2024Scope 1: 853 tCO2eRevenue: $M 6,654Scope 1 Intensity: 0.13 tCO2e/$MBank Leumi Le IsraelYear: 2024Scope 1: 2,950 tCO2eRevenue: $M 6,046Scope 1 Intensity: 0.49 tCO2e/$MAIB GroupYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 5,115Scope 1 Intensity: 0.56 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,135Scope 1 Intensity: 1.26 tCO2e/$MLloyds Banking GroupYear: 2024Scope 1: 20,441 tCO2eRevenue: $M 23,345Scope 1 Intensity: 0.88 tCO2e/$MItau Unibanco HoldingYear: 2024Scope 1: 19,405 tCO2eRevenue: $M 25,668Scope 1 Intensity: 0.76 tCO2e/$MSPD BankYear: 2023Scope 1: 900 tCO2eRevenue: $M 24,390Scope 1 Intensity: 0.04 tCO2e/$MSaudi National BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 10,238Scope 1 Intensity: 0.00 tCO2e/$MSparebank 1 OstlandetYear: 2024Scope 1: 14 tCO2eRevenue: $M 559Scope 1 Intensity: 0.02 tCO2e/$MDNB BankYear: 2024Scope 1: 67 tCO2eRevenue: $M 7,456Scope 1 Intensity: 0.01 tCO2e/$M

How does DNB Bank's GHG emissions intensity compare to its peers?

In 2024, DNB Bank reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 0.76 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does DNB Bank rank on GHG emissions intensity within its industry?

In 2024, DNB Bank ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places DNB Bank among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into DNB Bank's Total Carbon Footprint

In 2024, DNB Bank reported a total carbon footprint of 25,517,021.1 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 329,364.44% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to DNB Bank's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.01%. a

Want Full Access to DNB Bank's GHG Emissions Dataset?
Sign Up