Public Profile

Grong Sparebank

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.

44

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.

26

Industry Benchmark

Grong Sparebank's score of 44 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Grong Sparebank's reported carbon emissions

In 2023, Grong Sparebank reported total carbon emissions of approximately 12,100 kg CO2e. This figure includes 5,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 1,700 kg CO2e from Scope 2 emissions related to purchased electricity. In 2022, the bank's emissions were significantly higher, totalling about 17,900 kg CO2e, with Scope 1 emissions at approximately 13,019,000 kg CO2e and Scope 2 emissions at around 12,453,000 kg CO2e. Notably, Scope 3 emissions were substantial, reaching approximately 353,435,000 kg CO2e, indicating a significant impact from upstream activities. Despite these figures, Grong Sparebank has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a proactive approach to climate commitments. The bank's emissions data reflects a need for ongoing assessment and potential strategies to enhance sustainability practices.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
5,600
00,000,000
0,000
Scope 2
1,300
00,000,000
0,000
Scope 3
-
000,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grong Sparebank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Grong Sparebank is headquartered in NO, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Grong Sparebank is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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