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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Verified Sources Behind Sparebank 1 SMN’s Greenhouse Gas (GHG) Emissions Data
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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). a
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. a
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 CO₂ equivalent (tCO₂e). a
What are Sparebank 1 SMN's Scope 2 emissions?
In 2023, Sparebank 1 SMN reported Scope 2 greenhouse gas (GHG) emissions of 2,287 tCO₂e using the market-based method and 152 tCO₂e using the location-based method. a
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. a
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 a
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. a
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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
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. a
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 CO₂ equivalent (tCO₂e). a
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. a
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. a
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. a
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. a
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: a
- Investments (Cat. 15): 1,033,482 tCO₂e (98.21%)
- Purchased Goods and Services (Cat. 1): 14,787 tCO₂e (1.41%)
- Business Travel (Cat. 6): 2,131 tCO₂e (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 CO₂ equivalent (tCO₂e) 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. a
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%. a