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Sparebanken More

Country
Norway
Sector
Financial Services
Industry
Banks - Regional
Employees
412
Ticker
MORG
Exchange
OSLO BORS
Website
www.sbm.no
Description
Sparebanken Møre is a Norwegian savings bank headquartered in Ålesund, primarily serving the Møre og Romsdal region. Established in 1985 through the merger of several local savings banks, it provides ...

Sparebanken More's Energy Data Preview

In 2025, Sparebanken More disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Sparebanken More also reported the energy it generates itself, offering insight into its level of energy independence.

Additionally, Sparebanken More also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)20252024
Total Energy Consumption
10,255a
11,291a
Non-Renewable Energy Consumption
1,141a
1,477a
Renewable Energy Consumption
9,114a
9,815a
Total Energy Production
0a
N/A
Non-Renewable Energy Production
0a
N/A
Renewable Energy Production
0a
N/A
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Verified Sources Behind Sparebanken More’s Energy Management 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.

a. Sparebanken More's Annual Report 2025

Insights into Sparebanken More's Energy Renewability

In 2025, Sparebanken More consumed a total of 10,255 Gigajoules of energy across its operations. Of this total, 88.87% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 11.13% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Sparebanken More's Energy Renewability Rate

89%

How much of Sparebanken More's energy consumed is renewable?

In 2025, Sparebanken More consumed a total of 10,255 Gigajoules of energy, of which 88.87% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This high level of renewable energy use suggests that Sparebanken More has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.

Are Sparebanken More's energy practices becoming more sustainable?

Since 2025, Sparebanken More's total energy consumption decreased by 9.18%, suggesting a recent decline in overall energy demand.a

Over the same period, the share of renewable energy in Sparebanken More's consumption increased by 2.24%, showing a recent positive trend in clean energy adoption.a

Sparebanken More's Renewable vs Non-renewable Energy Over Time

10.8 k5.3 k203.8510.8 kGigajoules (GJ)2025202489%87%13%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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