Storebrand ASA
Storebrand ASA's GHG Emissions Data Preview
In 2024, Storebrand ASA 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).
Storebrand ASA has also provided a category-level breakdown for 4 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 | 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.  | 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. | 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. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 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. | 0000000 |
a
a
a
a
a
a
bVerified Sources Behind Storebrand ASA’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 Storebrand ASA’s data sources below and access millions more through our Disclosure Search.
Insights into Storebrand ASA's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Storebrand ASA amounted to 160 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 Storebrand ASA increased by 1.72%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Storebrand ASA's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Storebrand ASA's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Storebrand ASA were 8 metric tons of CO₂ equivalent (tCO₂e). a
Has Storebrand ASA reduced its Scope 1 emissions over time?
Since 2018, Storebrand ASA's Scope 1 emissions have increased by 50.94%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Storebrand ASA's Scope 1 emissions increased by 9.59%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Storebrand ASA's Scope 2 emissions?
In 2024, Storebrand ASA reported Scope 2 greenhouse gas (GHG) emissions of 43 tCO₂e using the market-based method and 152 tCO₂e using the location-based method. a
Has Storebrand ASA reduced its Scope 2 emissions over time?
Since 2018, Storebrand ASA's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 33.04%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Storebrand ASA's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Storebrand ASA 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Storebrand ASA use for Scope 2 reporting?
In 2024, Storebrand ASA reported its Scope 2 emissions using the market-based method and using the location-based method. a
Storebrand ASA's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Storebrand ASA's Value Chain Emissions
In 2024, Storebrand ASA reported 33,076,891 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 Storebrand ASA includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Storebrand ASA's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Storebrand ASA's Scope 3 emissions?
In 2024, Storebrand ASA reported total Scope 3 emissions of 33,076,891 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.02% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.98% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Storebrand ASA reduced its Scope 3 emissions over time?
Since 2018, Storebrand ASA's Scope 3 emissions have increased by 660.33%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), Storebrand ASA's Scope 3 emissions increased by 1,155.81%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does Storebrand ASA disclose?
In 2024, Storebrand ASA reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Storebrand ASA's Scope 3 emissions?
In 2024, the largest contributors to Storebrand ASA's Scope 3 emissions were: a
- Investments (Cat. 15): 33,069,982 tCO₂e (99.98%)
- Purchased Goods and Services (Cat. 1): 5,562 tCO₂e (0.02%)
- Business Travel (Cat. 6): 1,331 tCO₂e (0%)
Storebrand ASA's Scope 3 Emissions by Categories
Insights into Storebrand ASA’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Storebrand ASA reported Scope 1 greenhouse gas (GHG) emissions of 8 tCO₂e and total revenues of USD 8,000 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD. a
Storebrand ASA's Scope 1 Emissions Intensity Compared to Peers
How does Storebrand ASA's GHG emissions intensity compare to its peers?
In 2024, Storebrand ASA reported a Scope 1 emissions intensity of 0 tCO₂e per millions USD. Compared to the peer group median of 0.12 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Storebrand ASA rank on GHG emissions intensity within its industry?
In 2024, Storebrand ASA ranked 1 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Storebrand ASA among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Storebrand ASA's Total Carbon Footprint
In 2024, Storebrand ASA reported a total carbon footprint of 33,077,051 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,155.74% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Storebrand ASA'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