Spar Nord Bank A/S
Spar Nord Bank's GHG Emissions Data Preview
In 2024, Spar Nord 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).
Spar Nord Bank has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Spar Nord Bank’s Greenhouse Gas (GHG) Emissions Data
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Insights into Spar Nord Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Spar Nord Bank amounted to 978 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 2023, the total operational greenhouse gas (GHG) emissions of Spar Nord Bank increased by 0.62%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Spar Nord Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Spar Nord Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Spar Nord Bank were 194 metric tons of CO₂ equivalent (tCO₂e). a
Has Spar Nord Bank reduced its Scope 1 emissions over time?
Since 2021, Spar Nord Bank's Scope 1 emissions have decreased by 8.92%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Spar Nord Bank's Scope 1 emissions decreased by 12.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Spar Nord Bank's Scope 2 emissions?
In 2024, Spar Nord Bank reported Scope 2 greenhouse gas (GHG) emissions of 403 tCO₂e using the market-based method and 784 tCO₂e using the location-based method. a
Has Spar Nord Bank reduced its Scope 2 emissions over time?
Since 2021, Spar Nord Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 25.48%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Spar Nord Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Spar Nord Bank 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Spar Nord Bank use for Scope 2 reporting?
In 2024, Spar Nord Bank reported its Scope 2 emissions using the market-based method and using the location-based method. a
Spar Nord Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Spar Nord Bank's Value Chain Emissions
In 2024, Spar Nord Bank reported 787,351 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 2024 disclosure of Spar Nord Bank includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Spar Nord Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Spar Nord Bank's Scope 3 emissions?
In 2024, Spar Nord Bank reported total Scope 3 emissions of 787,351 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 3.1% of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.9% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Spar Nord Bank reduced its Scope 3 emissions over time?
Since 2021, Spar Nord Bank's Scope 3 emissions have increased by 10.01%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Spar Nord Bank's Scope 3 emissions decreased by 18.18%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Spar Nord Bank disclose?
In 2024, Spar Nord Bank reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Spar Nord Bank's Scope 3 emissions?
In 2024, the largest contributors to Spar Nord Bank's Scope 3 emissions were: a
- Investments (Cat. 15): 762,814 tCO₂e (96.88%)
- Purchased Goods and Services (Cat. 1): 19,622 tCO₂e (2.49%)
- Employee Commuting (Cat. 7): 1,993 tCO₂e (0.25%)
Spar Nord Bank's Scope 3 Emissions by Categories
Insights into Spar Nord Bank's Total Carbon Footprint
In 2024, Spar Nord Bank reported a total carbon footprint of 788,329 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.16% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Spar Nord Bank's total carbon footprint was Scope 3 emissions, accounting for 99.88% of the company's total carbon footprint, followed by Scope 2 emissions at 0.1%. a