Sparebanken More
Sparebanken More's GHG Emissions Data Preview
In 2024, Sparebanken More 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).
Sparebanken More has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
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aVerified Sources Behind Sparebanken More’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 Sparebanken More’s data sources below and access millions more through our Disclosure Search.
Insights into Sparebanken More's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Sparebanken More amounted to 45.8 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 2023, the total operational greenhouse gas (GHG) emissions of Sparebanken More decreased by 19.22%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Sparebanken More's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Sparebanken More's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Sparebanken More were 3.9 metric tons of CO₂ equivalent (tCO₂e).a
Has Sparebanken More reduced its Scope 1 emissions over time?
Since 2019, Sparebanken More's Scope 1 emissions have decreased by 25%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Sparebanken More's Scope 1 emissions decreased by 13.33%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Sparebanken More's Scope 2 emissions?
In 2024, Sparebanken More reported Scope 2 greenhouse gas (GHG) emissions of 41.9 tCO₂e using the location-based method.a
Has Sparebanken More reduced its Scope 2 emissions over time?
Since 2019, Sparebanken More's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 31.65%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Sparebanken More's Scope 2 emissions (Location-Based) fell by 19.73% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Sparebanken More use for Scope 2 reporting?
In 2024, Sparebanken More reported its Scope 2 emissions using the location-based method.a
Sparebanken More's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Sparebanken More's Value Chain Emissions
In 2024, Sparebanken More reported 925,331.5 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 2024 disclosure of Sparebanken More includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Sparebanken More's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Sparebanken More's Scope 3 emissions?
In 2024, Sparebanken More reported total Scope 3 emissions of 925,331.5 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.91% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Sparebanken More reduced its Scope 3 emissions over time?
Since 2019, Sparebanken More's Scope 3 emissions have increased by 80,560%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Sparebanken More's Scope 3 emissions remained relatively stable, indicating that Sparebanken More's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Sparebanken More disclose?
In 2024, Sparebanken More reported emissions for 8 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 Sparebanken More's Scope 3 emissions?
In 2024, the largest contributors to Sparebanken More's Scope 3 emissions were:a
- Investments (Cat. 15): 924,456 tCO₂e (99.91%)
- Capital Goods (Cat. 2): 430 tCO₂e (0.05%)
- Purchased Goods and Services (Cat. 1): 175 tCO₂e (0.02%)
Sparebanken More's Scope 3 Emissions by Categories
Insights into Sparebanken More’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Sparebanken More reported Scope 1 greenhouse gas (GHG) emissions of 3.9 tCO₂e and total revenues of USD 212 millions. This translates into an emissions intensity of 0.02 tCO₂e per millions USD.a
Sparebanken More's Scope 1 Emissions Intensity Compared to Peers
How does Sparebanken More's GHG emissions intensity compare to its peers?
In 2024, Sparebanken More reported a Scope 1 emissions intensity of 0.02 tCO₂e per millions USD. Compared to the peer group median of 0.28, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Sparebanken More rank on GHG emissions intensity within its industry?
In 2024, Sparebanken More ranked 5 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Sparebanken More among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Sparebanken More's Total Carbon Footprint
In 2024, Sparebanken More reported a total carbon footprint of 925,377.3 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.76% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Sparebanken More's total carbon footprint was Scope 3 emissions, accounting for 100% of the company's total carbon footprint, followed by Scope 2 emissions at 0%.a