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Public Profile
Financial Intermediation
NO
updated a month ago

Helgeland Sparebank

Company website

Helgeland Sparebank, a prominent financial institution based in Norway, has been serving the Helgeland region since its establishment in 1857. With its headquarters located in Mo i Rana, the bank operates extensively across Northern Norway, providing a range of banking services tailored to meet the needs of both individuals and businesses. As a key player in the Norwegian banking industry, Helgeland Sparebank offers unique products such as personal loans, savings accounts, and business financing, all designed with a focus on local community support and sustainable development. The bank's commitment to customer service and regional growth has solidified its market position, making it a trusted choice for financial solutions in the area. With a rich history and a dedication to innovation, Helgeland Sparebank continues to play a vital role in the economic landscape of Northern Norway.

DitchCarbon Score

How does Helgeland 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.

70

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.

27

Industry Benchmark

Helgeland Sparebank's score of 70 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Helgeland Sparebank's reported carbon emissions

In 2024, Helgeland Sparebank reported total carbon emissions of approximately 9000 kg CO2e for Scope 1, 713000 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions totalling about 800000 kg CO2e, which includes 175000 kg CO2e from capital goods and 525000 kg CO2e from purchased goods and services. In 2023, the bank's emissions were slightly higher, with Scope 1 at 10000 kg CO2e, Scope 2 (market-based) at 727000 kg CO2e, and Scope 3 emissions reaching approximately 800000 kg CO2e. Helgeland Sparebank has committed to achieving net zero emissions by 2050, focusing on both its operational activities and its investment and loan portfolio. This long-term goal encompasses both Scope 1 and Scope 2 emissions, with specific actions planned to reduce their carbon footprint. The bank's commitment reflects a proactive approach to climate change, aligning with industry standards for sustainability and emissions reduction. The emissions data is not cascaded from any parent organization, indicating that Helgeland Sparebank independently reports its carbon footprint and climate commitments.

Unlock detailed emissions data

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202220232024
Scope 1
9,701,000
00,000
0,000
Scope 2
659,000
000,000
000,000
Scope 3
16,463,971,000
0,000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Helgeland 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. This request for Helgeland Sparebank is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Helgeland Sparebank 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.

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

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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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