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Alandsbanken Abp

Country
Finland
Sector
Financial Services
Industry
Banks - Regional
Employees
1,017
Ticker
ALBAV
Exchange
NASDAQ HELSINKI LTD
Description
Ålandsbanken Abp is a comprehensive banking institution offering a wide range of financial services tailored to both personal and corporate clients. Located in the Åland Islands and listed on the Hels...

Alandsbanken Abp's GHG Emissions Data Preview

In 2024, 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)202420232022
2021 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Alandsbanken Abp’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Alandsbanken Abp’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Alandsbanken Abp’s data sources below and access millions more through our Disclosure Search.

a. Alandsbanken Abp's Annual Report 2024
b. Alandsbanken Abp's Annual Report 2023
c. Alandsbanken Abp's Annual Report 2022

Insights into Alandsbanken Abp's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Alandsbanken Abp amounted to 185 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Alandsbanken Abp increased by 2.78%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Alandsbanken Abp's Scope 1 Emissions Over Time

202120222023202402468tCO2e-20%+25%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Alandsbanken Abp's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Alandsbanken Abp were 6 metric tons of CO₂ equivalent (tCO₂e).a

Has Alandsbanken Abp reduced its Scope 1 emissions over time?

Since 2021, Alandsbanken Abp's Scope 1 emissions have increased by 20%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Alandsbanken Abp's Scope 1 emissions increased by 20%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Alandsbanken Abp's Scope 2 emissions?

In 2024, Alandsbanken Abp reported Scope 2 greenhouse gas (GHG) emissions of 49 tCO₂e using the market-based method and 179 tCO₂e using the location-based method.a

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 15.96%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2023), Alandsbanken Abp's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Alandsbanken Abp's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Alandsbanken Abp use for Scope 2 reporting?

In 2024, Alandsbanken Abp reported its Scope 2 emissions using the market-based method and using the location-based method.a

Alandsbanken Abp's Scope 2 Emissions Over Time

2021202220232024055110165220tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Alandsbanken Abp's Value Chain Emissions

In 2024, Alandsbanken Abp reported 2,807,698 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Alandsbanken Abp's Scope 3 Emissions Over Time

20212022202320240750 k1.5 M2.25 M3 MtCO2e-31%+65%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Alandsbanken Abp's Scope 3 emissions?

In 2024, Alandsbanken Abp reported total Scope 3 emissions of 2,807,698 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 0.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.63% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Alandsbanken Abp reduced its Scope 3 emissions over time?

Since 2021, Alandsbanken Abp's Scope 3 emissions have increased by 21.15%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Alandsbanken Abp's Scope 3 emissions remained relatively stable, indicating that Alandsbanken Abp's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Alandsbanken Abp disclose?

In 2024, Alandsbanken Abp reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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 2024, the largest contributors to Alandsbanken Abp's Scope 3 emissions were:a

  • Investments (Cat. 15): 2,797,186 tCO₂e (99.63%)
  • Purchased Goods and Services (Cat. 1): 9,321 tCO₂e (0.33%)
  • Business Travel (Cat. 6): 722 tCO₂e (0.03%)

Alandsbanken Abp's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.6%)

Insights into Alandsbanken Abp’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Alandsbanken Abp reported Scope 1 greenhouse gas (GHG) emissions of 6 tCO₂e and total revenues of USD 224 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD.a

Alandsbanken Abp's Scope 1 Emissions Intensity Compared to Peers

2501,00050,0001,000,000Scope 1 Emissions (tCO2e)20502002,00010,000Revenues (Millions of USD)SSSChina Man-Made FiberYear: 2024Scope 1: 350,717 tCO2eRevenue: $M 1,263Scope 1 Intensity: 277.79 tCO2e/$MCaisse Regionale De Credit Agricole Mutuel Toulouse 31Year: 2024Scope 1: 30 tCO2eRevenue: $M 276Scope 1 Intensity: 0.11 tCO2e/$MBank JagoYear: 2023Scope 1: 56 tCO2eRevenue: $M 102Scope 1 Intensity: 0.55 tCO2e/$MSkjern BankYear: 2023Scope 1: 34 tCO2eRevenue: $M 95Scope 1 Intensity: 0.36 tCO2e/$MBank Aladin SyariahYear: 2024Scope 1: 47 tCO2eRevenue: $M 30Scope 1 Intensity: 1.59 tCO2e/$MSSSparebanken MoreYear: 2024Scope 1: 4 tCO2eRevenue: $M 212Scope 1 Intensity: 0.02 tCO2e/$MBasler KantonalbankYear: 2024Scope 1: 286 tCO2eRevenue: $M 728Scope 1 Intensity: 0.39 tCO2e/$MTSKBYear: 2024Scope 1: 628 tCO2eRevenue: $M 459Scope 1 Intensity: 1.37 tCO2e/$MBank JatimYear: 2023Scope 1: 276 tCO2eRevenue: $M 361Scope 1 Intensity: 0.76 tCO2e/$MO-BankYear: 2023Scope 1: 287 tCO2eRevenue: $M 304Scope 1 Intensity: 0.94 tCO2e/$MDanske Andelskassers BankYear: 2024Scope 1: 103 tCO2eRevenue: $M 125Scope 1 Intensity: 0.82 tCO2e/$MLaan & Spar BankYear: 2023Scope 1: 48 tCO2eRevenue: $M 229Scope 1 Intensity: 0.21 tCO2e/$MGlarner KantonalbankYear: 2024Scope 1: 46 tCO2eRevenue: $M 106Scope 1 Intensity: 0.43 tCO2e/$MSSSparebank 1 Ringerike HadelandYear: 2019Scope 1: 7 tCO2eRevenue: $M 89Scope 1 Intensity: 0.08 tCO2e/$MKiatnakin Phatra BankYear: 2023Scope 1: 3,406 tCO2eRevenue: $M 747Scope 1 Intensity: 4.56 tCO2e/$MBanrisulYear: 2024Scope 1: 1,079 tCO2eRevenue: $M 1,366Scope 1 Intensity: 0.79 tCO2e/$MOberbankYear: 2024Scope 1: 1,455 tCO2eRevenue: $M 960Scope 1 Intensity: 1.52 tCO2e/$MOma SaastopankkiYear: 2024Scope 1: 2 tCO2eRevenue: $M 282Scope 1 Intensity: 0.01 tCO2e/$MSSShanghai Rural Commercial BankYear: 2024Scope 1: 1,917 tCO2eRevenue: $M 3,545Scope 1 Intensity: 0.54 tCO2e/$MQnb BankYear: 2024Scope 1: 15,753 tCO2eRevenue: $M 2,865Scope 1 Intensity: 5.50 tCO2e/$MBanco ABC BrasilYear: 2024Scope 1: 39 tCO2eRevenue: $M 396Scope 1 Intensity: 0.10 tCO2e/$MSparebank 1 OstlandetYear: 2024Scope 1: 14 tCO2eRevenue: $M 559Scope 1 Intensity: 0.02 tCO2e/$MAlandsbanken AbpYear: 2024Scope 1: 6 tCO2eRevenue: $M 224Scope 1 Intensity: 0.03 tCO2e/$M

How does Alandsbanken Abp's GHG emissions intensity compare to its peers?

In 2024, Alandsbanken Abp reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 0.55, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Alandsbanken Abp rank on GHG emissions intensity within its industry?

In 2024, Alandsbanken Abp ranked 4 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Alandsbanken Abp among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Alandsbanken Abp's Total Carbon Footprint

In 2024, Alandsbanken Abp reported a total carbon footprint of 2,807,883 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.76% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Alandsbanken Abp's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.01%.a

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