SpareBank 1 Sør-Norge ASA

SpareBank 1 Sør-Norge ASA's reported carbon emissions

SpareBank 1 Sør-Norge ASA, headquartered in NO and operating within financial intermediation services (excluding insurance and pension funding), reported a total of approximately 287,800 kg CO2e in 2021. This figure includes emissions from Scope 2, which totalled approximately 142,400 kg CO2e, and Scope 3 emissions, amounting to about 122,300 kg CO2e. Scope 1 emissions data was not disclosed for 2021. In 2020, the bank's total emissions were approximately 480,500 kg CO2e, with Scope 2 emissions at about 192,700 kg CO2e and Scope 3 emissions at roughly 252,600 kg CO2e. Prior to this, in 2019, SpareBank 1 Sør-Norge ASA reported total emissions of approximately 855,600 kg CO2e, comprising about 184,000 kg CO2e from Scope 2 and approximately 602,500 kg CO2e from Scope 3. For 2018, the total reported emissions were approximately 936,000 kg CO2e. This included Scope 1 emissions of about 62,500 kg CO2e, Scope 2 emissions of around 291,900 kg CO2e (with purchased electricity contributing 291,700 kg CO2e), and Scope 3 emissions totalling approximately 581,600 kg CO2e, with business travel accounting for 564,100 kg CO2e and waste generated in operations at 17,500 kg CO2e. The bank has not disclosed specific reduction targets or commitments through SBTi or other climate initiatives based on the provided information.