Sparebank 1 Ostlandet
Sparebank 1 Ostlandet's Climate Target Data Preview
As of 2024, Sparebank 1 Ostlandet has disclosed 16 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 10 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 Sparebank 1 Ostlandet ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | 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, Scope 3 - Purchased Goods and Services (Cat. 1), 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) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2025 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), 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) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2030 |
Absolute-based Target | Scope 3 - Waste Generated in Operations (Cat. 5) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  b | 2050 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2050 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2050 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), 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) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. a | 2050 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) 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 Norwegian Krone (NOK) 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 Norwegian Krone (NOK) 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 Norwegian Krone (NOK) 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 Norwegian Krone (NOK) of Loan Ammount | Copy restricted. Please purchase to unlock this data. a | 2050 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Loan Ammount | Copy restricted. Please purchase to unlock this data. a | 2050 |
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Verified Sources Behind Sparebank 1 Ostlandet’s Climate Targets Data
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Insights into Sparebank 1 Ostlandet's Greenhouse Gas Emissions Pathways
As of 2024, Sparebank 1 Ostlandet has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a b
Does Sparebank 1 Ostlandet have a target to reduce the emissions from its value chain?
As of 2024, Sparebank 1 Ostlandet 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 b
Sparebank 1 Ostlandet's most ambitious value chain target is to reduce these emissions by 90.5% by 2050, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Loan Ammount in 2020. a b
Sparebank 1 Ostlandet's Value Chain (Scope 3) Emissions Pathway
Does Sparebank 1 Ostlandet have a target to reduce its total carbon footprint?
As of 2024, Sparebank 1 Ostlandet has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a
Sparebank 1 Ostlandet's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 847.8 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 90% by 2050. a
Instead of reducing total carbon footprint, Sparebank 1 Ostlandet has increased them, with 2024 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target. a