Sbanken ASA Sustainability Profile
Sbanken ASA, a prominent player in the Norwegian banking sector, is headquartered in Oslo, Norway. Founded in 2000, Sbanken has established itself as a digital-first bank, focusing on providing innovative financial solutions to both personal and business customers across the country. The bank's core offerings include user-friendly online banking services, competitive savings accounts, and tailored loan products, all designed to enhance customer experience through simplicity and transparency. Sbanken is recognised for its commitment to sustainability and customer-centric approach, which has earned it a strong market position in Norway. With a focus on technology-driven solutions, Sbanken continues to lead the way in the digital banking landscape, making it a preferred choice for those seeking efficient and accessible financial services.
DitchCarbon Score
How does Sbanken ASA'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.
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.
Industry Benchmark
Sbanken ASA's score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sbanken ASA, headquartered in Norway (NO), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a merged entity and inherits its performance data from DNB Bank ASA, which is at a cascade level of 1. However, no specific emissions data from DNB Bank ASA is provided in this context. In terms of climate commitments, Sbanken ASA has not outlined any specific reduction targets or initiatives, such as those associated with the Science Based Targets initiative (SBTi) or other climate pledges. The lack of documented reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. As the financial sector increasingly prioritises sustainability, Sbanken ASA's future climate commitments and emissions reporting will be crucial for aligning with industry standards and expectations.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | - | 0,000,000 | - | 00,000 |
| Scope 2 | - | 000,000 | - | 000,000 | - | 000,000 |
| Scope 3 | 69,120,000 | 0,000,000 | 00,000,000,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Sbanken ASA's Industry?
How Carbon Intensive is Sbanken ASA's Location?
Sbanken ASA's Scope 3 Categories Breakdown
Sbanken ASA's Scope 3 emissions, which increased by 3% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
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Sbanken ASA'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.
Sbanken ASA 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.
