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Sparebanken Ost

Country
Norway
Sector
Financial Services
Industry
Banks - Regional
Employees
193
Ticker
SPOG
Exchange
Oslo Børs
Description
Sparebanken Øst is a Norwegian savings bank headquartered in Drammen, founded in 1843 and operating as an independent, locally managed financial institution. It provides a comprehensive suite of banki...

Sparebanken Ost's Energy Data Preview

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

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

Metric (GJ)2025202420232022-2019
Total Energy Consumption
4,634a
4,739a
5,260a
Non-Renewable Energy Consumption
919a
956a
1,372a
Renewable Energy Consumption
3,714a
3,783a
3,888a
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Verified Sources Behind Sparebanken Ost’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 Ost's Annual Report 2025

Insights into Sparebanken Ost's Energy Renewability

In 2025, Sparebanken Ost consumed a total of 4,633.52 Gigajoules of energy across its operations. Of this total, 80.16% 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 19.84% 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 Ost's Energy Renewability Rate

80%

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

In 2025, Sparebanken Ost consumed a total of 4,633.52 Gigajoules of energy, of which 80.16% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

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

Are Sparebanken Ost's energy practices becoming more sustainable?

Since 2023, Sparebanken Ost's total energy consumption decreased by 11.91%, including a further 2.23% drop in 2025, highlighting a continued decline in energy use.a

Over the same period, the share of renewable energy increased by 8.45%, while holding steady in 2025, indicating past gains that have recently stabilized.a

Overall, Sparebanken Ost’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

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

4.28 k1.78 k723.354.28 kGigajoules (GJ)20252024202380%80%74%20%20%26%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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