NOBA Bank Group AB (publ)
NOBA Bank Group AB (publ), headquartered in Sweden, is a prominent player in the financial services industry, specialising in banking and financial solutions. Founded in recent years, the bank has quickly established itself in key operational regions across Scandinavia, focusing on providing innovative banking services tailored to meet the needs of both individuals and businesses. The bank offers a range of core products, including personal and business accounts, loans, and investment services, distinguished by their customer-centric approach and advanced digital platforms. NOBA Bank Group has achieved notable recognition for its commitment to sustainability and financial inclusion, positioning itself as a forward-thinking institution in the competitive banking landscape. With a focus on leveraging technology to enhance customer experience, NOBA Bank Group continues to make significant strides in the evolving financial sector.
DitchCarbon Score
How does NOBA Bank Group AB (publ)'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
NOBA Bank Group AB (publ)'s score of 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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NOBA Bank Group AB (publ)'s reported carbon emissions
In 2023, NOBA Bank Group AB (publ) reported total carbon emissions of approximately 31,728,000 kg CO2e. This figure includes 30,000 kg CO2e from Scope 2 emissions, which are associated with purchased electricity, heat, and steam, and 31,728,000 kg CO2e from Scope 3 emissions, which encompass a wide range of indirect emissions, including investments (30,410,000 kg CO2e) and employee commuting (700,700 kg CO2e). Notably, the bank did not disclose any Scope 1 emissions data for this year. In 2022, the bank's emissions were similar, with total emissions also around 31,728,000 kg CO2e, comprising 80 kg CO2e from Scope 1, 55,000 kg CO2e from Scope 2, and 31,698,000 kg CO2e from Scope 3. The Scope 2 emissions were reported as 55,000 kg CO2e, with a market-based approach accounting for 29,700 kg CO2e. Despite these substantial emissions figures, NOBA Bank Group AB (publ) has not set any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 80 | - |
| Scope 2 | 29,700 | 00,000 |
| Scope 3 | 31,698,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
NOBA Bank Group AB (publ) is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
