DNB will be a driving force for sustainable transition, and we will use our expertise and provide banking services to help our customers move in a sustainable direction. As Norway's largest financial services group, DNB has considerable influence on the sustainable transition in Norway and internationally. Through advisory services, financing, competence sharing and clear requirements, we will help forward-looking companies succeed with sustainable solutions.
DNB has an overall goal of achieving net-zero emissions from our financing and investment activities by 2050. To achieve this, we have set sub-targets for reducing financed emissions by 2030, as well as financing targets for sustainable activities. We will work to ensure that total assets under management are steered towards more sustainable alternatives.
The targets are intended to reduce the level of risk in DNB's credit portfolio, and to guide our customers towards sustainable transition. The targets are dynamic and follow developments in society and the market, the degree of data availability and the various sectors' level of maturity.