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Financial Intermediation
NO
updated 7 months ago

Sbanken ASA

Company website

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.

51

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.

28

Industry Benchmark

Sbanken ASA's score of 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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Sbanken ASA's reported carbon emissions

Inherited from DNB Bank ASA

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.

Unlock detailed emissions data

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

201920202021202220232024
Scope 1
-
000,000
000,000
000,000
000,000
00,000
Scope 2
-
000,000
000,000
000,000
000,000
000,000
Scope 3
69,120,000
0,000,000
0,000,000
0,000,000
0,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sbanken ASA'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 Sbanken ASA 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.

Sbanken ASA 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

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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