Goals and ambitions
We have identified three areas where DNB has the greatest potential to contribute. They form the basis for our overall goals and three objectives.
Net zero emissions
DNB’s overarching goal is to reach net zero emissions from our financing and investment business by 2050. To achieve this, we have developed a transition plan that includes sub-goals to reduce the emissions we finance up until 2030, as well as financing targets for sustainable activities.
Sustainable transition
DNB will be a driving force for the sustainable transition, and we will use our expertise and provide banking services to help customers in a sustainable direction.
More about our approach to sustainable transitionDiversity and inclusion
Our goal is to achieve long-term value creation, have satisfied customers and be an attractive place to work. To achieve this, we are convinced that we must mirror the society we are a part of.
More about our diversity and inclusion goalsFinancial crime
Financial crime is a serious social problem and a threat to the welfare state, while also undermining a healthy business sector. We work systematically to prevent our products and services from being used for criminal activity.
How DNB contributes to a secure digital economyDNB’s sustainability ambitions
DNB, as Norway’s largest financial services group, has significant influence on the sustainable transition of Norway and internationally. In 2018, we identified focus areas and ambitions for our sustainability work, and in 2021 the ambition level was further raised with revitalised sustainability ambitions for the Group. These ambitions were integrated into DNB’s corporate strategy in 2022. We have built on these efforts by developing a transition plan, which will be the bank’s roadmap for how we will achieve these ambitions.
DNB’s overarching goal is to reach net zero emissions from our financing and investment business by 2050. Net zero emissions (Net Zero) for a bank means that the total estimated greenhouse gas emissions from all direct and indirect activities will be zero.
The transition plan that includes sub-goals to reduce the emissions we finance up until 2030, as well as financing targets for sustainable activities. We will work to ensure that total assets are steered towards more sustainable alternatives. We also continue to develop DNB’s strong position in diversity and inclusion, and emphasise the importance of the work on financial crime and a secure digital economy.
Sustainability is integrated into every part of the business and supports DNB’s strategic ambitions for the customer to choose us and we’ll find the solutions together. DNB shall be a driving force for a sustainable transition. We will use our position and expertise to actively steer customers in a more sustainable direction through advice, financing and clear requirements. We will primarily use positive influence, but can also choose not to finance some companies or industries that are not in line with our strategy. Our sustainability ambitions focus on three priority areas where we have the greatest opportunity to influence.