Created before Nov 2016
Last update: 2017-09-01 10:58:31
Johan Frijns, BankTrack
Send feedback on this profile
Download as PDF
Share this page:
DNB, founded in 1822, is Norway’s largest financial services group. The Group consists of brands such as DNB, Vital, Nordlandsbanken, Cresco, Postbanken, DnB NORD and Carlson. The group's activities are primarily focused on Norway. It is one of the world's foremost shipping banks and an international player in the energy sector and the fisheries and seafood industry. At the end of 2016 DNB controlled assets worth NOK 2.653 trillion.
Dronning Eufemias Gate 30
Rune Bjerke |
Group Chief Executive
|Annual report||Integrated annual report 2016|
listed on Oslo Stock Exchange & Stockholm Stock Exchange
State-owned (34%) and Public shareholders
Related Dodgy Deals
Projects - active profiles
Line 3 Pipeline Replacement Project (L3RP) Canada profile
Trans Mountain Pipeline Expansion project (TMEP) Canada profile
Dodgy Deals map
Standing Against the Banks: DAPL Divestment and Water Protectors' Fight for Justice, Indigenous Rights, Water and Life
New report linking Nordic banks and government pension funds to Indonesia’s palm oil deforestation
Norway's biggest bank may reconsider Dakota Access funding
While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning
BankTrack to Equator Principles banks; ‘get the Outside Job done’
New rules for Equator Principles, but no new commitments from banks
Top financial institutions invest over US$43 billion in producers of cluster bombs
Equator Principles: Action, not words needed
Civil society groups call for bold steps forward with Equator Principles
Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO
Voluntary initiativesDNB has committed itself to the following voluntary standards:
- Carbon Disclosure Project
- Dow Jones Sustainability Indices
- Equator Principles
- Extractive Industries Transparency Initiative
- Global Reporting Initiative
- ISO 14001
- OECD Guidelines for Multinational Enterprises
- Principles for Responsible Investment
- UN Guiding Principles on Business and Human Rights
- UNEP Finance Initiative
- United Nations Global Compact
DNB and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. DNB adopted the Equator Principles in 2009.
Reporting on the Equator Principles
DNB must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
DNB is involved in financing the following Equator Principles projects that BankTrack considers controversial.
Implementation and reporting
DNB is reporting on the implementation here.