SpareBank 1 Gruppen AS, commonly referred to as SpareBank 1, is a prominent financial services group headquartered in Norway. Established in 1822, the company has evolved into a key player in the Norwegian banking sector, primarily serving the regions of Eastern and Western Norway. Operating within the banking and insurance industry, SpareBank 1 offers a diverse range of products and services, including retail banking, corporate banking, and insurance solutions. Its unique approach combines local expertise with innovative digital services, catering to both individual and business clients. With a strong market position, SpareBank 1 Gruppen AS has achieved significant milestones, including the development of a robust digital banking platform that enhances customer experience. The company is recognised for its commitment to sustainability and community engagement, solidifying its reputation as a trusted financial partner in Norway.
How does SpareBank 1 Gruppen AS's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Coal Tar Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
SpareBank 1 Gruppen AS's score of 23 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SpareBank 1 Gruppen AS, headquartered in Norway, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As of now, SpareBank 1 Gruppen AS does not inherit emissions data from any parent or related organisations, nor does it have any commitments to industry-standard initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In the absence of specific emissions data and reduction initiatives, it is unclear how SpareBank 1 Gruppen AS is addressing climate change or its carbon footprint. The organisation may need to establish clear climate commitments and reporting practices to align with industry standards and enhance transparency regarding its environmental impact.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
SpareBank 1 Gruppen AS is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.