Alandsbanken Abp

Country
Finland
Sector
Financial Services
Industry
Banks - Regional
Employees
1,001
Ticker
ALBAV
Exchange
NASDAQ HELSINKI LTD
Description
Ã…landsbanken Abp is a comprehensive banking institution offering a wide range of financial services tailored to both personal and corporate clients. Located in the Ã…land Islands and listed on the Hels...

Alandsbanken Abp's GHG Emissions Data Preview

In 2023, Alandsbanken Abp completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Alandsbanken Abp has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Alandsbanken Abp's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Alandsbanken Abp amounted to 59 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Alandsbanken Abp decreased by 33.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Alandsbanken Abp's Scope 1 Emissions Over Time

20212022202302468tCO2e-20%+25%
  • Total Scope 1
  • Year-over-Year Change

What are Alandsbanken Abp's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Alandsbanken Abp were 5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Alandsbanken Abp reduced its Scope 1 emissions over time?

Since 2021, Alandsbanken Abp's Scope 1 emissions have remained relatively, stable, indicating that Alandsbanken Abp's emissions have plateaued with no significant change in its operational footprint.

Compared to the previous year (2022), Alandsbanken Abp's Scope 1 emissions increased by 25%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Alandsbanken Abp's Scope 2 emissions?

In 2023, Alandsbanken Abp reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 54 tCOâ‚‚e using the location-based method.

Has Alandsbanken Abp reduced its Scope 2 emissions over time?

Since 2021, Alandsbanken Abp's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 59.4%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Alandsbanken Abp's Scope 2 emissions (Location-Based) fell by 36.47% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Alandsbanken Abp use for Scope 2 reporting?

In 2023, Alandsbanken Abp reported its Scope 2 emissions using the market-based method and using the location-based method.

Alandsbanken Abp's Scope 2 Emissions Over Time

20212022202303570105140tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Alandsbanken Abp's Value Chain Emissions

In 2023, Alandsbanken Abp reported 2,178,922 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Alandsbanken Abp includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Alandsbanken Abp's Scope 3 Emissions Over Time

2021202220230600 k1.2 M1.8 M2.4 MtCO2e-30%+37%
  • Total Scope 3
  • Year-over-Year Change

What are Alandsbanken Abp's Scope 3 emissions?

In 2023, Alandsbanken Abp reported total Scope 3 emissions of 2,178,922 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.78% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Alandsbanken Abp reduced its Scope 3 emissions over time?

Since 2021, Alandsbanken Abp's Scope 3 emissions have remained relatively stable, indicating that Alandsbanken Abp 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Alandsbanken Abp's Scope 3 emissions increased by 36.91%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Alandsbanken Abp disclose?

In 2023, Alandsbanken Abp reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Alandsbanken Abp's Scope 3 emissions?

In 2023, the largest contributors to Alandsbanken Abp's Scope 3 emissions were:

  • Investments (Cat. 15): 2,174,204 tCOâ‚‚e (99.78%)
  • Purchased Goods and Services (Cat. 1): 3,482 tCOâ‚‚e (0.16%)
  • Business Travel (Cat. 6): 675 tCOâ‚‚e (0.03%)

Alandsbanken Abp's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.8%)

Insights into Alandsbanken Abp's Total Carbon Footprint

In 2023, Alandsbanken Abp reported a total carbon footprint of 2,178,981 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 36.9% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Alandsbanken Abp's total carbon footprint was Scope 3 emissions, accounting for 100% of the company's total carbon footprint, followed by Scope 2 emissions at 0%.

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