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 of Sparebank 1 Sor-Norge amounted to 157 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 Sor-Norge increased 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 CO₂ equivalent (tCO₂e). 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 tCO₂e using the market-based method and 129 tCO₂e 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 energy a
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 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 Sor-Norge includes a breakdown across 5 of 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 chain a
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 CO₂ equivalent (tCO₂e). 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 emissions have 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 tCO₂e (98.75%)
- Purchased Goods and Services (Cat. 1): 15,686 tCO₂e (1.19%)
- Business Travel (Cat. 6): 781 tCO₂e (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 tCO₂e and total revenues of USD 833 millions. This translates into an emissions intensity of 0.03 tCO₂e 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 tCO₂e per millions USD. Compared to the peer group median of 1.16 , 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 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Sparebank 1 Sor-Norge among the top performers, with one of the lowest emissions intensities relative to peers. 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 CO₂ equivalent (tCO₂e) 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