Spar Nord Bank A/S
Spar Nord Bank's Climate Target Data Preview
As of 2024, Spar Nord Bank has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 6 intensity-based target 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 Spar Nord Bank ’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 restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Investment | Copy restricted. Please purchase to unlock this data. a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Loan Ammount | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Investment | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Loan Ammount | Copy restricted. Please purchase to unlock this data. a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Loan Ammount | Copy restricted. Please purchase to unlock this data. a | 2030 |
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Verified Sources Behind Spar Nord Bank’s Climate Targets Data
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Insights into Spar Nord Bank's Greenhouse Gas Emissions Pathways
As of 2024, Spar Nord Bank 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 Spar Nord Bank have a target to reduce the emissions from its operations?
As of 2024, Spar Nord Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Spar Nord Bank's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 681 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a
As of 2024, Spar Nord Bank is lagging behind on its operational emissions reduction target, having achieved 24.66% of the planned reduction. a
Spar Nord Bank's Operational (Scope 1+2) Emissions Pathway
Does Spar Nord Bank have a target to reduce the emissions from its value chain?
As of 2024, Spar Nord Bank 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
Spar Nord Bank's most ambitious value chain target is to reduce these emissions by 70% by 2030, compared to a baseline of 0.011 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2023. a
Instead of reducing value chain emissions, Spar Nord Bank has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target. a