As of 2025, Arion banki has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 6 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) | -80%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Produced/Manufactured | -15%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -18%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Tonne Kilometer (TKM) | -25%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Tonne Kilometer (TKM) | -42%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | -29%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount | -12%a | 2030 |
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As of 2025, 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
As of 2025, 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 151.2 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.a
As of 2025, Arion banki is ahead of schedule on its operational emissions reduction target, having achieved 80.94% of the planned reduction.a
As of 2025, 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 29.4% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Unit of Exotic Currency of Loan Ammount in 2023.a
As of 2024, Arion banki is on track to meet its value chain emissions reduction target, having achieved 20% of the planned reduction.a