Arion banki hf
Arion banki's Climate Target Data Preview
As of 2024, Arion banki has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 5 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Arion banki's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | Copy/Paste is a PRO feature.  a | 2030 |
Verified Sources Behind Arion banki’s Climate Targets Data
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Insights into Arion banki's Greenhouse Gas Emissions Pathways
As of 2024, Arion banki has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does Arion banki have a target to reduce the emissions from its operations?
As of 2024, Arion banki has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Arion banki's most ambitious operational target is to reduce these emissions by 80% by 2030, compared to a baseline of 181.5 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.a
As of 2024, Arion banki is ahead of schedule on its operational emissions reduction target, having achieved 87.68% of the planned reduction.a
Arion banki's Operational (Scope 1+2) Emissions Pathway
Does Arion banki have a target to reduce the emissions from its value chain?
As of 2024, Arion banki has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Arion banki's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount in 2022.a
Instead of reducing value chain emissions, Arion banki has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.a