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Sustainable transition

DNB finances the climate transition and is a driving force for sustainable value creation.

River in forest.

DNB shall be a driving force for sustainable transition.

One of DNB’s key strategic ambitions is to deliver sustainable value creation by creating profitable growth and making choices that will stand the test of time. To fulfil this ambition, we will support our customers through the climate transition, reduce ESG risk in our portfolios and proactively engage with external stakeholders. DNB’s three sustainable ambitions, which were launched in 2021, elaborate on how we should achieve this.

Our transition plan is a continuation of sustainability ambitions that were launched in 2021. The plan is an important strategic tool that helps us understand the business implications of our net zero obligation, and to navigate the challenges and opportunities that climate change and the transition to a low carbon economy present. The plan describes how we at DNB will be driving the transformation, and the tools we have at hand to engage us and guide our customers and the companies we invest in to reduce their greenhouse gas emissions.

Read the entire transition plan here (English)

Read an excerpt (not the complete plan) from the transition plan in Norwegian here

Winding road through the forest

Target for sustainable financing

It requires significant investments to build new businesses and reorganise existing ones. DNB will help finance this transition and contribute to sustainable activities, solutions, investments and innovation.

DNB’s target for sustainable financing:

  • DNB aims to finance and facilitate NOK 1.5 trillion for the sustainable transition by 2030.
  • DNB will increase the total assets of funds with a sustainability profile to NOK 200 billion by 2025.
  • By 2025, 50 per cent of the net flow will go to a fund with a sustainability profile.

Other prioritised sustainability themes

DNB will also contribute positively to other sustainability challenges, through advisory services, innovation, expectations and requirements. Among the themes that are high on our agenda are circular economy, nature and biodiversity, start-ups and growth businesses and innovation.

More about sustainable transition at DNB:

  • Sustainable financing

    More about sustainable financing

  • Responsible investments

    Read more about responsible investments

  • Sustainability in our own operations

    More about sustainability in DNB’s business

  • Renewable energy and low carbon

    More about renewable energy and low carbon

  • Human rights

    More about human rights