- Fluctuations in emissions intensity in oil and gas portfolio due to various factors (explained in annual report)
- Limited access to customer data for EU taxonomy reporting
- Inadequate data quality for quantifying taxonomy alignment for corporate customers
- Increase in the number of cases against customers related to financial crime (from 6391 in 2021 to 9343 in 2022)
- Increase in sickness absence rate (4.4% in 2022 vs 3.4% in 2021)
DNB Bank ASA
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, DNB Bank ASA disclosed greenhouse gas emissions of 6.7K tCO2e. By scope: Scope 1: 186 tCO2e; Scope 2: 1.7K tCO2e (location-based) 119 tCO2e (market-based); Scope 3: 4.9K tCO2e. 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.
GHG Emissions
6.7K tCO2e
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 186 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.7K tCO2e (location-based) 119 tCO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.9K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 6.7K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy consumption in buildings by 24% per square meter from 2014 to 2022
- Increased waste sorting rate from 41% in 2014 to 63% in 2022
- Contributed NOK 391 billion to financing and facilitating sustainable activities (77% increase from 2021)
- Launched green deposits and green guarantees products
- Issued green loans for green commercial properties worth over NOK 13.5 billion
- Activity in sustainable bonds increased by more than 40% compared to 2021
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase total assets in funds with a sustainability profile to NOK 200 billion in 2025
- 50% of net flows of total assets will go to mutual funds with a sustainability profile in 2025
📅 Medium-term
- Reduce CO2 emissions intensity related to upstream companies in the oil and gas portfolio by 25% from 2019 to 2030
- Reduce emissions intensity in the shipping portfolio by 1/3 from 2019 to 2030
- Reduce emissions intensity related to energy consumption in the commercial property portfolio by 25–35% from 2019 to 2030
- Reduce emissions intensity of the life insurance portfolio by 55% by 2030
🔭 Long-term
- Achieve net-zero emissions in lending and investment portfolios and own operations by 2050
🌱 ESG Focus Areas
DNB finances the climate transition and is a driving force for sustainable value creationDNB is a driving force for diversity and inclusionDNB combats financial crime and contributes to a secure digital economy