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Public Profile
Financial Intermediation
NO
updated 5 months ago

Grong Sparebank Sustainability Profile

Company website

Grong Sparebank, a prominent financial institution based in Norway, has been serving the community since its establishment in 1886. Headquartered in Grong, the bank primarily operates in the Trøndelag region, providing a range of banking services tailored to meet the needs of both individuals and businesses. Specialising in personal banking, loans, and savings products, Grong Sparebank distinguishes itself through its commitment to local development and customer-centric approach. The bank has achieved notable milestones, including a strong market position within the regional banking sector, thanks to its focus on sustainable practices and community engagement. With a reputation for reliability and personalised service, Grong Sparebank continues to play a vital role in the financial landscape of Northern Norway.

DitchCarbon Score

How does Grong Sparebank'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.

26

Industry Average

Mean score of companies in the Financial Intermediation 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.

32

Industry Benchmark

Grong Sparebank's score of 26 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

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Grong Sparebank's reported carbon emissions

Grong Sparebank, headquartered in Norway, currently does not report any carbon emissions data, as indicated by the absence of specific figures for the most recent year. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, Grong Sparebank has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi) or other industry standards. Without these commitments or data, it is unclear how the bank plans to address its carbon footprint or contribute to climate action. As of now, Grong Sparebank's climate strategy remains unspecified, and there are no inherited emissions data from a parent or related organization. This lack of information highlights an opportunity for the bank to develop and communicate its climate commitments more effectively in the future.

How Carbon Intensive is Grong Sparebank's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grong Sparebank's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Grong Sparebank's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Grong Sparebank is in NO, which has a very low grid carbon intensity relative to other regions.

Grong Sparebank's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Grong Sparebank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Grong Sparebank's Emissions with Industry Peers

Bnp Paribas

FR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

Santander Bank, National Association

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

SpareBank 1 Sør-Norge ASA

NO
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Ing

NL
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

Helgeland Sparebank

NO
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

KBC Group NV

BE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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