Spar Nord Bank A/S

Common Name
Spar Nord Bank
Country
Denmark
Sector
Financial Services
Industry
Banks - Regional
Employees
1,731
Ticker
SPNO
Exchange
NASDAQ COPENHAGEN A/S
Description
Spar Nord Bank A/S is a prominent financial services institution based in Denmark, widely recognized for its comprehensive banking and financial solutions. Primarily, the bank offers traditional banki...

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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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)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Investment
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2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Loan Ammount
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2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Investment
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Loan Ammount
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Danish Krone (DKK) of Loan Ammount
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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.

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.

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.

As of 2024, Spar Nord Bank is lagging behind on its operational emissions reduction target, having achieved 24.66% of the planned reduction.

Spar Nord Bank's Operational (Scope 1+2) Emissions Pathway

20212024202520300200400600800BaselineCurrent (-12%)Target 2025 (-30%)Target 2030 (-50%)

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.

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.

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.

Spar Nord Bank's Value Chain (Scope 3) Emissions Pathway

202320242030000.010.010.01Current (+-0%)Target 2030 (-70%)
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