Laan & Spar Bank A/S

Common Name
Laan & Spar Bank
Country
Denmark
Sector
Financial Services
Industry
Banks - Regional
Employees
601
Ticker
LASP
Exchange
NASDAQ COPENHAGEN A/S
Website
www.lsb.dk
Description
Lan & Spar Bank A/S is a prominent financial institution, primarily functioning as a savings bank. It offers a comprehensive range of financial services and products including savings accounts, loans,...

Laan & Spar Bank's GHG Emissions Data Preview

In 2023, Laan & Spar Bank 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).

However, Laan & Spar Bank has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Laan & Spar Bank’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 Laan & Spar Bank’s data sources below and access millions more through our Disclosure Search.

a. Laan & Spar Bank's Sustainability Report 2023
a. Laan & Spar Bank's Sustainability Report 2023
b. Laan & Spar Bank's Sustainability Report 2022
b. Laan & Spar Bank's Sustainability Report 2022

Insights into Laan & Spar Bank's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Laan & Spar Bank amounted to 487 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 Laan & Spar Bank increased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Laan & Spar Bank's Scope 1 Emissions Over Time

2023015304560tCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Laan & Spar Bank's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Laan & Spar Bank were 48 metric tons of CO₂ equivalent (tCO₂e). a

What are Laan & Spar Bank's Scope 2 emissions?

In 2023, Laan & Spar Bank reported Scope 2 greenhouse gas (GHG) emissions of 439 tCO₂e without specifying the calculation method. a

What methodology does Laan & Spar Bank use for Scope 2 reporting?

In 2023, Laan & Spar Bank reported its Scope 2 emissions using an unspecified methodology. a

Laan & Spar Bank's Scope 2 Emissions Over Time

20230150300450600tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Laan & Spar Bank's Value Chain Emissions

In 2023, Laan & Spar Bank reported 17,016 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 Laan & Spar Bank includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

Laan & Spar Bank's Scope 3 Emissions Over Time

2022202305.5 k11 k16.5 k22 ktCO2e-22%
  • Total Scope 3
  • Year-over-Year Change

What are Laan & Spar Bank's Scope 3 emissions?

In 2023, Laan & Spar Bank reported total Scope 3 emissions of 17,016 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Laan & Spar Bank's Scope 3 emissions decreased by 22.03%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

Insights into Laan & Spar Bank’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Laan & Spar Bank reported Scope 1 greenhouse gas (GHG) emissions of 48 tCO₂e and total revenues of USD 229 millions. This translates into an emissions intensity of 0.21 tCO₂e per millions USD. a

Laan & Spar Bank's Scope 1 Emissions Intensity Compared to Peers

51002,00050,0001,000,000Scope 1 Emissions (tCO2e)201005005,00020,000Revenues (Millions of USD)Vestjysk BankYear: 2023Scope 1: 123 tCO2eRevenue: $M 323Scope 1 Intensity: 0.38 tCO2e/$MChina Man-Made FiberYear: 2023Scope 1: 390,661 tCO2eRevenue: $M 1,199Scope 1 Intensity: 325.94 tCO2e/$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: $M 95Scope 1 Intensity: 0.36 tCO2e/$MSydbankYear: 2023Scope 1: 371 tCO2eRevenue: $M 1,101Scope 1 Intensity: 0.34 tCO2e/$MRingkjoebing LandbobankYear: 2024Scope 1: 70 tCO2eRevenue: $M 576Scope 1 Intensity: 0.12 tCO2e/$MDanske BankYear: 2024Scope 1: 215 tCO2eRevenue: $M 7,875Scope 1 Intensity: 0.03 tCO2e/$MBasler KantonalbankYear: 2024Scope 1: 286 tCO2eRevenue: $M 728Scope 1 Intensity: 0.39 tCO2e/$MBank JatimYear: 2023Scope 1: 276 tCO2eRevenue: $M 361Scope 1 Intensity: 0.76 tCO2e/$MDanske Andelskassers BankYear: 2023Scope 1: 117 tCO2eRevenue: $M 128Scope 1 Intensity: 0.91 tCO2e/$MJyske BankYear: 2023Scope 1: 639 tCO2eRevenue: $M 2,199Scope 1 Intensity: 0.29 tCO2e/$MNordfyns BankYear: 2023Scope 1: 33 tCO2eRevenue: $M 47Scope 1 Intensity: 0.71 tCO2e/$MDah Sing Banking GroupYear: 2023Scope 1: 95 tCO2eRevenue: $M 757Scope 1 Intensity: 0.13 tCO2e/$MGlarner KantonalbankYear: 2024Scope 1: 46 tCO2eRevenue: $M 106Scope 1 Intensity: 0.43 tCO2e/$MAlbaraka Turk Katilim BankasiYear: 2023Scope 1: 4,147 tCO2eRevenue: $M 576Scope 1 Intensity: 7.20 tCO2e/$MAlandsbanken AbpYear: 2023Scope 1: 5 tCO2eRevenue: $M 224Scope 1 Intensity: 0.02 tCO2e/$MBTV Vier Laender BankYear: 2023Scope 1: 688 tCO2eRevenue: $M 485Scope 1 Intensity: 1.42 tCO2e/$MKiatnakin Phatra BankYear: 2023Scope 1: 3,406 tCO2eRevenue: $M 747Scope 1 Intensity: 4.56 tCO2e/$MBanco ABC BrasilYear: 2023Scope 1: 73 tCO2eRevenue: $M 466Scope 1 Intensity: 0.16 tCO2e/$MSparebank 1 OstlandetYear: 2024Scope 1: 14 tCO2eRevenue: $M 559Scope 1 Intensity: 0.02 tCO2e/$MLaan & Spar BankYear: 2023Scope 1: 48 tCO2eRevenue: $M 229Scope 1 Intensity: 0.21 tCO2e/$M

How does Laan & Spar Bank's GHG emissions intensity compare to its peers?

In 2023, Laan & Spar Bank reported a Scope 1 emissions intensity of 0.21 tCO₂e per millions USD. Compared to the peer group median of 0.38 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Laan & Spar Bank rank on GHG emissions intensity within its industry?

In 2023, Laan & Spar Bank ranked 8 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Laan & Spar Bank is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Laan & Spar Bank's Total Carbon Footprint

In 2023, Laan & Spar Bank reported a total carbon footprint of 17,503 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.8% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Laan & Spar Bank's total carbon footprint was Scope 3 emissions, accounting for 97.22% of the company's total carbon footprint, followed by Scope 2 emissions at 2.51%. a

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