Public Profile

SpareBank 1 Gruppen AS

SpareBank 1 Gruppen AS, commonly referred to as SpareBank 1, is a prominent financial services group headquartered in Norway. Established in 1822, the company has evolved into a key player in the Norwegian banking sector, primarily serving the regions of Eastern and Western Norway. Operating within the banking and insurance industry, SpareBank 1 offers a diverse range of products and services, including retail banking, corporate banking, and insurance solutions. Its unique approach combines local expertise with innovative digital services, catering to both individual and business clients. With a strong market position, SpareBank 1 Gruppen AS has achieved significant milestones, including the development of a robust digital banking platform that enhances customer experience. The company is recognised for its commitment to sustainability and community engagement, solidifying its reputation as a trusted financial partner in Norway.

DitchCarbon Score

How does SpareBank 1 Gruppen AS'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.

6

Industry Average

Mean score of companies in the Coal Tar Production 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.

3

Industry Benchmark

SpareBank 1 Gruppen AS's score of 6 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

SpareBank 1 Gruppen AS's reported carbon emissions

SpareBank 1 Gruppen AS, headquartered in Norway, currently does not have available data on its carbon emissions, as no specific emissions figures have been provided. Consequently, there are no reported Scope 1, 2, or 3 emissions data to analyse. In the absence of concrete emissions data, it is important to note that the company has not outlined any specific reduction targets or initiatives related to carbon emissions. This lack of information suggests that SpareBank 1 Gruppen AS may still be in the early stages of developing a comprehensive climate strategy or may not have publicly committed to industry-standard climate pledges. As the financial sector increasingly prioritises sustainability, it will be crucial for SpareBank 1 Gruppen AS to establish clear climate commitments and reduction targets to align with global efforts in combating climate change.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SpareBank 1 Gruppen AS's primary industry is Coal Tar, which is very high 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. SpareBank 1 Gruppen AS 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.

SpareBank 1 Gruppen AS 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
RE 100
Climate Action 100
Race To Net Zero

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers