In 2024, Sparebank 1 Ostlandet 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).
Sparebank 1 Ostlandet has also provided a category-level breakdown for 6 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Sparebank 1 Ostlandet amounted to 266.2 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 Sparebank 1 Ostlandet decreased by 55.54%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Sparebank 1 Ostlandet were 13.7 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Sparebank 1 Ostlandet's Scope 1 emissions have remained relatively, stable, indicating that Sparebank 1 Ostlandet's emissions have plateaued with no significant change in its operational footprint. a
Compared to the previous year (2023), Sparebank 1 Ostlandet's Scope 1 emissions increased by 218.6%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Sparebank 1 Ostlandet reported Scope 2 greenhouse gas (GHG) emissions of 1,151.1 tCO₂e using the market-based method and 252.5 tCO₂e using the location-based method. a
Since 2020, Sparebank 1 Ostlandet's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 64.01%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Sparebank 1 Ostlandet's Scope 2 emissions (Location-Based) fell by 57.53% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2024, Sparebank 1 Ostlandet reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Sparebank 1 Ostlandet reported 2,018,195.11 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 Sparebank 1 Ostlandet includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, Sparebank 1 Ostlandet reported total Scope 3 emissions of 2,018,195.11 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.56% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.44% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, Sparebank 1 Ostlandet's Scope 3 emissions have increased by 730.58%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Sparebank 1 Ostlandet's Scope 3 emissions increased by 132.9%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, Sparebank 1 Ostlandet reported emissions for 6 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.
In 2024, the largest contributors to Sparebank 1 Ostlandet's Scope 3 emissions were: a
In 2024, Sparebank 1 Ostlandet reported Scope 1 greenhouse gas (GHG) emissions of 13.7 tCO₂e and total revenues of USD 559 millions. This translates into an emissions intensity of 0.02 tCO₂e per millions USD. a
In 2024, Sparebank 1 Ostlandet reported a Scope 1 emissions intensity of 0.02 tCO₂e per millions USD. Compared to the peer group median of 0.38 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Sparebank 1 Ostlandet ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Sparebank 1 Ostlandet among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Sparebank 1 Ostlandet reported a total carbon footprint of 2,018,461.31 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 132.77% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Sparebank 1 Ostlandet's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.01%. a