Sparebank 1 SMN

Country
Norway
Sector
Financial Services
Industry
Banks - Regional
Employees
1,704
Ticker
MING
Exchange
OSLO BORS
Description
SpareBank 1 SMN is a regional financial services group headquartered in Trondheim, Norway. As a pivotal member of the SpareBank 1 Alliance, SpareBank 1 SMN plays a crucial role in delivering comprehen...

Sparebank 1 SMN's Climate Target Data Preview

As of 2024, Sparebank 1 SMN has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 9 absolute reduction 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 SMN ’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, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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c
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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c
2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2050
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2050
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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c
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Sparebank 1 SMN’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 SMN’s data sources below and access millions more through our Disclosure Search.

a. Sparebank 1 SMN's Annual Report 2023
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b. Sparebank 1 SMN's Climate Change Strategy Report 2023
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c. Sparebank 1 SMN's Climate Change Strategy Report 2024
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Insights into Sparebank 1 SMN's Greenhouse Gas Emissions Pathways

As of 2024, Sparebank 1 SMN 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 c

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