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DNBNorway
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This profile is actively maintained
Last update: 2023-11-03 14:27:25
DNB's head office in Oslo, Norway. Photo: Yngvar Johnsen via Flickr (CC BY-NC 2.0)
Active
This profile is actively maintained
Last update: 2023-11-03 14:27:25
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About
| Website | https://www.dnb.no/en |
| Headquarters |
Dronning Eufemias Gate 30
0191 Oslo
Norway
|
| CEO/chair |
Kjerstin Braathen CEO |
| Supervisor | |
| Ownership |
listed on Oslo Stock Exchange & Stockholm Stock Exchange
The Norwegian State owns 34.0% of DNB. DNB's complete shareholder structure can be viewed here. |
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. DNB is mainly active in providing finance for shipping, the energy sector and the fisheries and seafood industry.
Sustainability
Commitments
Policies
Voluntary standards
DNB's most important sustainability commitments can be found at the website sections listed below.
DNB has committed itself to the following voluntary standards:
Dodgy Deals
DNB is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of DNB's link to these deals.
Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Resources
Documents
Links
Accountability
Grievances
DNB does not operate a complaints or grievances mechanism for individuals or communities that might have been affected by the bank's finance.
DNB is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates DNB's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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Banks and Climate
Banks and Climate
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of DNB’s fossil fuel policy below.
Banks and Putin's war in Ukraine
Banks and Putin's war in Ukraine
BankTrack is keeping track of the public response of DNB to Russia's illegal invasion of Ukraine. DNB did not publicly condemn the war. DNB's status of operations in Russia is "unclear". We consider its exposure to Russia as limited. DNB supports the Russian fossil fuel industry through investments. For further details, see the table linked below.
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