Sparebank 1 Sor-Norge ASA

Common Name
Sparebank 1 Sor-Norge
Country
Norway
Sector
Financial Services
Industry
Banks - Regional
Employees
2,323
Ticker
SB1NO
Exchange
OSLO BORS
Description
SpareBank 1 Sør-Norge ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Norway. The company operates through Retail Market, ...

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)2024202320222021 - 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 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).

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.

Sparebank 1 Sor-Norge's Scope 1 Emissions Over Time

20212022202307142128tCO2e-9%+33%
  • 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).

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.

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.

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.

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.

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

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.

Sparebank 1 Sor-Norge's Scope 2 Emissions Over Time

20212022202309001.8 k2.7 k3.6 ktCO2e
  • 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.

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

Sparebank 1 Sor-Norge's Scope 3 Emissions Over Time

2021202220230350 k700 k1.05 M1.4 MtCO2e-10%+10%
  • 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).

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.

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.

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.

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.

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:

  • 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

Purchased Goods andServices (Cat. 1)(1.2%)Investments(Cat. 15)(98.8%)

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.

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%.

Want Full Access to Sparebank 1 Sor-Norge's GHG Emissions Dataset?
Sign Up