Nordnet AB (publ)
Nordnet's GHG Emissions Data Preview
In 2024, Nordnet 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).
Nordnet has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. a | Copy/Paste is a PRO feature. b | 0000000 |
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aVerified Sources Behind Nordnet’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 Nordnet’s data sources below and access millions more through our Disclosure Search.
Insights into Nordnet's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Nordnet amounted to 42 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 Nordnet decreased by 49.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Nordnet's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Nordnet's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Nordnet were 1 metric tons of CO₂ equivalent (tCO₂e).a
What are Nordnet's Scope 2 emissions?
In 2024, Nordnet reported Scope 2 greenhouse gas (GHG) emissions of 29 tCO₂e using the market-based method and 41 tCO₂e using the location-based method.a
Has Nordnet reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Nordnet's Scope 2 emissions (Location-Based) fell by 50.6% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Nordnet use for Scope 2 reporting?
In 2024, Nordnet reported its Scope 2 emissions using the market-based method and using the location-based method.a
Nordnet's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Nordnet's Value Chain Emissions
In 2024, Nordnet reported 581 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 Nordnet includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Nordnet's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Nordnet's Scope 3 emissions?
In 2024, Nordnet reported total Scope 3 emissions of 581 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Nordnet reduced its Scope 3 emissions over time?
Since 2021, Nordnet's Scope 3 emissions have increased by 767.16%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Nordnet's Scope 3 emissions decreased by 12.1%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does Nordnet disclose?
In 2024, Nordnet reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Nordnet's Scope 3 emissions?
In 2024, the largest contributors to Nordnet's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 284 tCO₂e (49.65%)
- Employee Commuting (Cat. 7): 91 tCO₂e (15.91%)
- Business Travel (Cat. 6): 89 tCO₂e (15.56%)
Nordnet's Scope 3 Emissions by Categories
Insights into Nordnet’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Nordnet reported Scope 1 greenhouse gas (GHG) emissions of 1 tCO₂e and total revenues of USD 476 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD.a
Nordnet's Scope 1 Emissions Intensity Compared to Peers
How does Nordnet's GHG emissions intensity compare to its peers?
In 2024, Nordnet reported a Scope 1 emissions intensity of 0 tCO₂e per millions USD. Compared to the peer group median of 0.22, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Nordnet rank on GHG emissions intensity within its industry?
In 2024, Nordnet ranked 1 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Nordnet among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Nordnet's Total Carbon Footprint
In 2024, Nordnet reported a total carbon footprint of 623 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.26% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Nordnet's total carbon footprint was Scope 3 emissions, accounting for 93.26% of the company's total carbon footprint, followed by Scope 2 emissions at 6.58%.a