Sparebank 1 SMN
Country
Norway
Sector
Financial Services
Industry
Banks - Regional
Employees
1,700
Ticker
MING
Exchange
OSLO BORS
Website
www.sparebank1.noDescription
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 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 comprehensive banking, insurance, and financial products tailored largely for individuals, SMBs, and the public sector within Trøndelag, Møre og Romsdal, and Sogn og Fjordane regions. With a focus on customer proximity and personalized service, the bank offers an extensive range of products, including loans, savings accounts, asset management, and insurance solutions. SpareBank 1 SMN leverages the combined strength of its alliance to enhance digital innovation and customer service, maintaining a robust presence in the Norwegian banking sector. As a publicly traded company, its market performance provides insights into regional economic health and consumer confidence. Additionally, SpareBank 1 SMN is influential in fostering community initiatives, contributing to local development and sustainability through strategic investments and financial literacy programs.
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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
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.  b | 2030 |
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.  c | 2040 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | 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) | 0000000 | 2050 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  b | 2050 |
Absolute-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. c | 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 SMN’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 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
b. Sparebank 1 SMN's Climate Change Strategy Report 2023
c. Sparebank 1 SMN's Climate Change Strategy Report 2024
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.abc
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