Nordnet AB (publ)

Common Name
Nordnet
Country
Sweden
Sector
Financial Services
Industry
Capital Markets
Employees
712
Ticker
SAVE
Exchange
NASDAQ STOCKHOLM AB
Description
Nordnet AB (publ) is a digital savings and investments platform provider serving retail investors across the Nordic region. The company operates an online brokerage, pension and savings accounts, and ...

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)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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0000000
Total Scope 3
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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Verified 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.

a. Nordnet's Annual Report 2024
a. Nordnet's Annual Report 2024
b. Nordnet's Annual Report 2023
b. Nordnet's Annual Report 2023

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

202120222023202400.250.50.751tCO2e
  • 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

20212022202320240255075100tCO2e
  • 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

20212022202320240200400600800tCO2e+191%+239%-12%
  • 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. a b

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

Business Travel(Cat. 6)(15.6%)Employee Commuting(Cat. 7)(15.9%)Purchased Goods andServices (Cat. 1)(49.7%)

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

101001,00010,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)SZSSNortheast SecuritiesYear: 2023Scope 1: 909 tCO2eRevenue: $M 898Scope 1 Intensity: 1.01 tCO2e/$MMotilal Oswal Financial ServicesYear: 2024Scope 1: 3 tCO2eRevenue: $M 610Scope 1 Intensity: 0.01 tCO2e/$MflatexDEGIROYear: 2023Scope 1: 608 tCO2eRevenue: $M 411Scope 1 Intensity: 1.48 tCO2e/$MPJT PartnersYear: 2023Scope 1: 298 tCO2eRevenue: $M 1,153Scope 1 Intensity: 0.26 tCO2e/$MKiwoom SecuritiesYear: 2023Scope 1: 520 tCO2eRevenue: $M 1,447Scope 1 Intensity: 0.36 tCO2e/$MTP ICAP GroupYear: 2023Scope 1: 1,442 tCO2eRevenue: $M 2,790Scope 1 Intensity: 0.52 tCO2e/$MMarketaxess HoldingsYear: 2024Scope 1: 177 tCO2eRevenue: $M 817Scope 1 Intensity: 0.22 tCO2e/$MSSSouthwest SecuritiesYear: 2023Scope 1: 139 tCO2eRevenue: $M 286Scope 1 Intensity: 0.49 tCO2e/$MGuotai Junan InternationalYear: 2023Scope 1: 12 tCO2eRevenue: $M 412Scope 1 Intensity: 0.03 tCO2e/$MZZZhongtai SecuritiesYear: 2023Scope 1: 405 tCO2eRevenue: $M 1,790Scope 1 Intensity: 0.23 tCO2e/$MCompagnie Financiere TraditionYear: 2023Scope 1: 367 tCO2eRevenue: $M 1,168Scope 1 Intensity: 0.31 tCO2e/$MAngel OneYear: 2025Scope 1: 25 tCO2eRevenue: $M 497Scope 1 Intensity: 0.05 tCO2e/$MHub24Year: 2023Scope 1: 2 tCO2eRevenue: $M 184Scope 1 Intensity: 0.01 tCO2e/$MNanjing SecuritiesYear: 2023Scope 1: 303 tCO2eRevenue: $M 351Scope 1 Intensity: 0.87 tCO2e/$MGuoyuan SecuritiesYear: 2022Scope 1: 716 tCO2eRevenue: $M 704Scope 1 Intensity: 1.02 tCO2e/$MComputershareYear: 2024Scope 1: 3,344 tCO2eRevenue: $M 4,544Scope 1 Intensity: 0.74 tCO2e/$MNomura HoldingsYear: 2025Scope 1: 2,513 tCO2eRevenue: $M 11,085Scope 1 Intensity: 0.23 tCO2e/$MSSSoochow SecuritiesYear: 2023Scope 1: 704 tCO2eRevenue: $M 1,571Scope 1 Intensity: 0.45 tCO2e/$MChina Great Wall SecuritiesYear: 2023Scope 1: 102 tCO2eRevenue: $M 466Scope 1 Intensity: 0.22 tCO2e/$MSSSDIC CapitalYear: 2023Scope 1: 789 tCO2eRevenue: $M 2,457Scope 1 Intensity: 0.32 tCO2e/$MDaiwa Securities GroupYear: 2023Scope 1: 926 tCO2eRevenue: $M 4,553Scope 1 Intensity: 0.20 tCO2e/$MNordnetYear: 2024Scope 1: 1 tCO2eRevenue: $M 476Scope 1 Intensity: 0.00 tCO2e/$M

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 0.31 , 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

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