Kommunalbanken AS

Kommunalbanken AS's reported carbon emissions

Kommunalbanken AS (NO) is committed to reducing its environmental impact, as demonstrated by its emissions reporting and intensity metrics. For the 2024 reporting year, the company reported total emissions of approximately 218,300 kg CO2e. This figure includes Scope 2 emissions, primarily from purchased heat and market-based electricity, totalling around 151,500 kg CO2e, and Scope 3 emissions, largely driven by business travel, amounting to approximately 66,800 kg CO2e. Scope 1 emissions were reported as 0 kg CO2e for this period. In the preceding year, 2023, Kommunalbanken AS reported total emissions of approximately 261,900 kg CO2e. Scope 2 emissions were around 185,000 kg CO2e (market-based), with Scope 3 emissions at approximately 76,900 kg CO2e, primarily from business travel. Similar to 2024, Scope 1 emissions were 0 kg CO2e. Earlier data indicates emissions for 2019 were approximately 152,600 kg CO2e, with Scope 1 emissions at about 2,800 kg CO2e, Scope 2 market-based emissions at 18,500 kg CO2e, and Scope 3 emissions at approximately 131,300 kg CO2e, with business travel being a significant contributor. Kommunalbanken AS also reports emissions intensity figures. For the 2024 reporting year, its emissions intensity was approximately 930 kg CO2e per full-time position and 4.0 x 10⁻⁵ kg CO2e per NOK million of revenue. For 2023, the intensity was about 1,390 kg CO2e per full-time position and 5.0 x 10⁻⁵ kg CO2e per NOK million of revenue. The company does not currently have any publicly disclosed SBTi reduction targets or climate pledges.