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Sparebank 1 Sor-Norge ASA
Sparebank 1 Sor-Norge's GHG Emissions Data Preview
In 2023, Sparebank 1 Sor-Norge 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 Sor-Norge has also provided a category-level breakdown for 5 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.  a | 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.  a | 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.  a | 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.  a | 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.  a | 0000000 |
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aVerified Sources Behind Sparebank 1 Sor-Norge’s Greenhouse Gas (GHG) Emissions 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 Sor-Norge’s data sources below and access millions more through our Disclosure Search.
Insights into Sparebank 1 Sor-Norge's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofSparebank 1 Sor-Norge amounted to157metric 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 Sor-Norgeincreased by 74.44%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Sparebank 1 Sor-Norge's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Sparebank 1 Sor-Norge's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Sparebank 1 Sor-Norge were 28 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Sparebank 1 Sor-Norge reduced its Scope 1 emissions over time?
Since 2021, Sparebank 1 Sor-Norge's Scope 1 emissions have increased by 21.74%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2022), Sparebank 1 Sor-Norge's Scope 1 emissions increased by 33.33%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Sparebank 1 Sor-Norge's Scope 2 emissions?
In 2023, Sparebank 1 Sor-Norge reported Scope 2 greenhouse gas (GHG) emissions of 3,406 tCOâ‚‚e using the market-based method and 129 tCOâ‚‚e using the location-based method.a
Has Sparebank 1 Sor-Norge reduced its Scope 2 emissions over time?
Since 2021, Sparebank 1 Sor-Norge's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 248.65%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2022), Sparebank 1 Sor-Norge's Scope 2 emissions(Location-Based) rose by 86.96% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Sparebank 1 Sor-Norge use for Scope 2 reporting?
In 2023, Sparebank 1 Sor-Norge reported its Scope 2 emissions using the market-based method and using the location-based method.a
Sparebank 1 Sor-Norge's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Sparebank 1 Sor-Norge's Value Chain Emissions
In 2023, Sparebank 1 Sor-Norge reported 1,320,495 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Sparebank 1 Sor-Norge includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,up from 3 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Sparebank 1 Sor-Norge's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Sparebank 1 Sor-Norge's Scope 3 emissions?
In 2023, Sparebank 1 Sor-Norge reported total Scope 3 emissions of 1,320,495 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 1.25%of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.75%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Sparebank 1 Sor-Norge reduced its Scope 3 emissions over time?
Since 2021, Sparebank 1 Sor-Norge's Scope 3 emissionshave remained relatively stable, indicating that Sparebank 1 Sor-Norge's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2022), Sparebank 1 Sor-Norge's Scope 3 emissions increased by 10.08%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Sparebank 1 Sor-Norge disclose?
In 2023, Sparebank 1 Sor-Norge reported emissions for 5 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 Sor-Norge's Scope 3 emissions?
In 2023, the largest contributors to Sparebank 1 Sor-Norge's Scope 3 emissions were:a
- Investments (Cat. 15): 1,304,000 tCOâ‚‚e(98.75%)
- Purchased Goods and Services (Cat. 1): 15,686 tCOâ‚‚e(1.19%)
- Business Travel (Cat. 6): 781 tCOâ‚‚e(0.06%)
Sparebank 1 Sor-Norge's Scope 3 Emissions by Categories
Insights into Sparebank 1 Sor-Norge’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Sparebank 1 Sor-Norge reported Scope 1 greenhouse gas (GHG) emissions of 28 tCOâ‚‚e and total revenues of USD 833 millions. This translates into an emissions intensity of 0.03 tCOâ‚‚e per millions USD.a
Sparebank 1 Sor-Norge's Scope 1 Emissions Intensity Compared to Peers
How does Sparebank 1 Sor-Norge's GHG emissions intensity compare to its peers?
In 2023, Sparebank 1 Sor-Norge reported a Scope 1 emissions intensity of 0.03 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.51, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Sparebank 1 Sor-Norge rank on GHG emissions intensity within its industry?
In 2023, Sparebank 1 Sor-Norge ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Sparebank 1 Sor-Norge is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Sparebank 1 Sor-Norge's Total Carbon Footprint
In 2023, Sparebank 1 Sor-Norge reported a total carbon footprint of 1,320,652 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.09% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Sparebank 1 Sor-Norge'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