Sparebank 1 SMN
Sparebank 1 SMN's GHG Emissions Data Preview
In 2023, Sparebank 1 SMN 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 SMN 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Sparebank 1 SMN's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Sparebank 1 SMN amounted to 152 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Sparebank 1 SMN increased by 16.03%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Sparebank 1 SMN's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Sparebank 1 SMN's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Sparebank 1 SMN were 0 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
What are Sparebank 1 SMN's Scope 2 emissions?
In 2023, Sparebank 1 SMN reported Scope 2 greenhouse gas (GHG) emissions of 2,287 tCOâ‚‚e using the market-based method, and 152 tCOâ‚‚e using the location-based method.
Has Sparebank 1 SMN reduced its Scope 2 emissions over time?
Since 2019, Sparebank 1 SMN's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 56.7%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Sparebank 1 SMN's Scope 2 emissions (Location-Based) rose by 16.03% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Sparebank 1 SMN use for Scope 2 reporting?
In 2023, Sparebank 1 SMN reported its Scope 2 emissions using the market-based method and using the location-based method.
Sparebank 1 SMN's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Sparebank 1 SMN's Value Chain Emissions
In 2023, Sparebank 1 SMN reported 1,052,329 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Sparebank 1 SMN includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Sparebank 1 SMN's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Sparebank 1 SMN's Scope 3 emissions?
In 2023, Sparebank 1 SMN reported total Scope 3 emissions of 1,052,329 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 1.79% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.21% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Sparebank 1 SMN reduced its Scope 3 emissions over time?
Since 2019, Sparebank 1 SMN's Scope 3 emissions have increased by 4,638.3%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Sparebank 1 SMN's Scope 3 emissions remained relatively stable, indicating that Sparebank 1 SMN 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Sparebank 1 SMN disclose?
In 2023, Sparebank 1 SMN reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Sparebank 1 SMN's Scope 3 emissions?
In 2023, the largest contributors to Sparebank 1 SMN's Scope 3 emissions were:
- Investments (Cat. 15): 1,033,482 tCOâ‚‚e (98.21%)
- Purchased Goods and Services (Cat. 1): 14,787 tCOâ‚‚e (1.41%)
- Business Travel (Cat. 6): 2,131 tCOâ‚‚e (0.2%)
Sparebank 1 SMN's Scope 3 Emissions by Categories
Insights into Sparebank 1 SMN's Total Carbon Footprint
In 2023, Sparebank 1 SMN reported a total carbon footprint of 1,052,481 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.43% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Sparebank 1 SMN'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%.