SpareBank 1 Sør-Norge ASA
SpareBank 1 Sør-Norge ASA, commonly referred to as SpareBank 1, is a prominent financial institution headquartered in Norway. Established in 1822, the bank has evolved to serve a diverse clientele across Southern Norway, focusing on retail banking, corporate finance, and insurance services. With a commitment to local communities, SpareBank 1 offers a range of unique products, including tailored mortgage solutions and innovative digital banking services. The bank's strong market position is underscored by its dedication to customer satisfaction and sustainable practices, making it a trusted partner for individuals and businesses alike. Notable achievements include its consistent ranking among the top banks in Norway, reflecting its robust financial performance and community engagement.
DitchCarbon Score
How does SpareBank 1 Sør-Norge 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
SpareBank 1 Sør-Norge ASA's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
SpareBank 1 Sør-Norge ASA's reported carbon emissions
In 2023, SpareBank 1 Sør-Norge ASA reported energy intensity figures of approximately 213 kg CO2e per square metre, reflecting their operational emissions. This data is part of their commitment to transparency regarding carbon emissions, although specific Scope 1, 2, and 3 emissions data has not been disclosed for the years 2021 to 2023. The bank's energy intensity has shown a slight increase from about 203 kg CO2e/m² in 2022 and 233 kg CO2e/m² in 2021. Despite these figures, there are currently no established reduction targets or climate pledges reported by SpareBank 1 Sør-Norge ASA, indicating a potential area for future commitment. As of now, the organisation does not inherit emissions data from a parent company, and all reported figures are directly from SpareBank 1 Sør-Norge ASA. The absence of specific reduction initiatives or targets suggests that the bank may need to enhance its climate strategy to align with industry standards and expectations.
Industry emissions intensity
Location emissions 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 Sør-Norge 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.
