In 2025, Sparebank 1 SMN disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Sparebank 1 SMN disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2025 | 2024 |
|---|---|---|
Total Energy Consumption | 22,564a | 22,233a |
Non-Renewable Energy Consumption | 1,234a | 1,060a |
Renewable Energy Consumption | 21,330a | 21,173a |
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In 2025, Sparebank 1 SMN consumed a total of 22,564.08 Gigajoules of energy across its operations. Of this total, 94.53% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 5.47% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2025, Sparebank 1 SMN consumed a total of 22,564.08 Gigajoules of energy, of which 94.53% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This high level of renewable energy use suggests that Sparebank 1 SMN has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
Since 2025, Sparebank 1 SMN's total energy consumption increased by 1.49%, reflecting a recent rise in overall energy demand.a
Over the same period, the share of renewable energy in Sparebank 1 SMN's consumption decreased by 0.74%, showing a recent negative trend in clean energy adoption.Over the same period, the share of renewable energy in Sparebank 1 SMN's mix has remained relatively stable, indicating no significant changes in sourcing practices.a