Public Profile

Helgeland Sparebank

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.

16

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.

13

Industry Benchmark

Helgeland Sparebank's score of 16 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

Helgeland Sparebank's reported carbon emissions

In 2023, Helgeland Sparebank reported total carbon emissions of approximately 10,447,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 10,447,000 kg CO2e, while Scope 2 emissions were approximately 27,000 kg CO2e. The bank's Scope 3 emissions were significantly higher, totalling around 16,807,147,000 kg CO2e, which included substantial contributions from investments, employee commuting, and purchased goods and services. In comparison, the previous year, 2022, Helgeland Sparebank's total emissions were about 9,701,000 kg CO2e for Scope 1, 25,000 kg CO2e for Scope 2, and approximately 16,461,329,000 kg CO2e for Scope 3. This indicates an increase in Scope 1 and Scope 2 emissions, while Scope 3 emissions also saw a slight rise. Despite the increase in emissions, Helgeland Sparebank has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or targets suggests that the bank may still be in the early stages of formalising its climate commitments.

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Add to project
20222023
Scope 1
9,701,000
00,000,000
Scope 2
25,000
00,000
Scope 3
16,463,972,000
00,000,000,000

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. Helgeland 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.

Helgeland 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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