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Sparebank 1 Ostlandet

Country
Norway
Sector
Financial Services
Industry
Banks - Regional
Employees
1,345
Ticker
SPOL
Exchange
OSLO BORS
Description
SpareBank 1 Østlandet is Norway's fourth largest savings bank, a prominent regional financial institution headquartered in Hamar, eastern Norway. Formed in 2017 through the merger of Sparebanken Hedma...

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 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy/Paste is a PRO feature.
a
2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
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/Paste is a PRO feature.
a
2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy/Paste is a PRO feature.
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/Paste is a PRO feature.
a
2030
Absolute-based Target
Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2050
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy/Paste is a PRO feature.
a
2050
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy/Paste is a PRO feature.
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/Paste is a PRO feature.
a
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Loan Ammount
Copy/Paste is a PRO feature.
a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Loan Ammount
Copy/Paste is a PRO feature.
a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Loan Ammount
Copy/Paste is a PRO feature.
a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Loan Ammount
Copy/Paste is a PRO feature.
a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Loan Ammount
Copy/Paste is a PRO feature.
a
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Norwegian Krone (NOK) of Loan Ammount
Copy/Paste is a PRO feature.
a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Sparebank 1 Ostlandet’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2024.
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Verified Sources Behind Sparebank 1 Ostlandet’s Climate Targets 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 Sparebank 1 Ostlandet’s data sources below and access millions more through our Disclosure Search.

a. Sparebank 1 Ostlandet's Annual Report 2024
b. Sparebank 1 Ostlandet's Climate Change Strategy Report 2024

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.ab

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.ab

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.ab

ab

Sparebank 1 Ostlandet's Value Chain (Scope 3) Emissions Pathway

202020252030205000000BaselineTarget 2025 (-23%)Target 2030 (-38%)Target 2050 (-90%)

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

Sparebank 1 Ostlandet's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2020202420252030205003 k6 k9 k12 kBaselineCurrent (+1,259%)Target 2025 (-23%)Target 2030 (-38%)Target 2050 (-90%)
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