Nordea Bank

Diversified Banks
NDA-FI.HE
€ 9.3 (0.71)%
Share price
$ 37 bn
Market Cap
$ 175 bn
Enterprise Value

Carbon footprint

0.04 Ton
GHG emissions per $ 1 mln investment
0x the weighted average for S&P 500
FY2020
How is this calculated?
-11%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

+3.1%
Proj. YOY change in GHG emissions (all Scopes)
FY2021
How is this calculated?

Nordea Bank aims to reduce all Scopes by 50% by 2030 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Nordea Bank's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Nordea Bank's GHG emissions (market-based) (Kt of CO2e)
Nordea Bank's Carbon intensity (Tons per 1 USDm)

Nordea Bank's carbon footprint

Nordea Bank reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 6.2 Kt (-0.78 /-11.1% y-o-y). Also positively, carbon intensity tumbled to 0.7 t (-0.1 /-12.5% y-o-y).

Nordea Bank's Scope 3 emissions plummeted to 9.7 Kt (-25 /-72.2% y-o-y). There has been no clear trend lately.

The company is committed to reducing all Scopes by 50% by 2030 from a base year 2019, which it appears to have already achieved as of 2020. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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