Norges Bank Investment Management

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2019

Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202251.7 million tonnes CO2-equivalents (financed emissions, equity and corporate bond portfolio)
202190.2M tCO2e/year (equity portfolio)
2019107.6M tCO2e/year (Scope 1 and 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Eliminate deforestation by 2025 (for companies with AFOLU activities)

🔭 Long-term

  • Net zero emissions by 2050 (for portfolio companies)

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Physical climate risks (extreme temperatures, drought, flooding, increased hurricane intensity)
  • Transition risks (regulatory change, development of low-carbon technologies)
  • Scope 3 emissions challenges requiring value chain solutions
  • Global climate policy and regulatory frameworks not yet fully supporting global net zero

📋 Report Information

Reporting Period: 2023
Frameworks: Greenhouse Gas Protocol, IFRS S2, TCFD, PCAF, SBTi, CRREM, TNFD, SBTN