In 2023, Foeroya Banki P/F 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).
Foeroya Banki P/F has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Foeroya Banki P/F amounted to 338.7 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 2022, the total operational greenhouse gas (GHG) emissions of Foeroya Banki P/F increased by 3.55%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of Foeroya Banki P/F were 98.3 metric tons of CO₂ equivalent (tCO₂e). a
Since 2019, Foeroya Banki P/F's Scope 1 emissions have decreased by 31.31%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Foeroya Banki P/F's Scope 1 emissions increased by 4.91%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, Foeroya Banki P/F reported Scope 2 greenhouse gas (GHG) emissions of 240.4 tCO₂e without specifying the calculation method. a
Since 2019, Foeroya Banki P/F's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 16.27%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Foeroya Banki P/F's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Foeroya Banki P/F 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2023, Foeroya Banki P/F reported its Scope 2 emissions using an unspecified methodology. a
In 2023, Foeroya Banki P/F reported 84,930 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 2023 disclosure of Foeroya Banki P/F includes a breakdown across 1 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. a
In 2023, Foeroya Banki P/F reported total Scope 3 emissions of 84,930 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Foeroya Banki P/F's Scope 3 emissions remained relatively stable, indicating that Foeroya Banki P/F 's emissions have plateaued with no significant change in its value chain footprint. a b
In 2023, Foeroya Banki P/F reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Foeroya Banki P/F's Scope 3 emissions were: a
In 2023, Foeroya Banki P/F reported a total carbon footprint of 85,268.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.09% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Foeroya Banki P/F's total carbon footprint was Scope 3 emissions, accounting for 99.6% of the company's total carbon footprint, followed by Scope 2 emissions at 0.28%. a