Spar Nord

Sustainability Report and Carbon Intensity Rankings

Is Spar Nord doing their part?

Their DitchCarbon score is 64

Spar Nord has a DitchCarbon Score of 64, indicating a moderate level of sustainability in their operations. This score reflects the company’s efforts to manage and reduce its carbon intensity. A higher score would signify even greater success in lowering their environmental impact through reduced carbon emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Spar Nord operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Spar Nord is situated in Denmark, a country with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
13.17%

...this company is doing 13.17% better in emissions than the industry average.

Spar Nord Bank, founded in 1824 and headquartered in Aalborg, is a prominent player in Denmark’s finance sector. As the first financial institution in Jutland, it has grown to operate 88 local banks nationwide, offering a full range of commercial banking services. Listed on the Copenhagen Stock Exchange since 1990, Spar Nord employs around 1,350 staff members and serves approximately 320,000 customers.

emission intelligence's platform recommendations for Spar Nord

Spar Nord should explore opportunities for fuel switching in transportation and operations to potentially reduce their emissions by 15%.

Bad news, Spar Nord hasn't committed to SBTi goals yet

Spar Nord has not yet established specific commitments through the Science Based Targets initiative (SBTi). This means the company has not defined or announced clear goals for reducing greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

1. Reputation and Brand Image

2. Corporate Social Responsibility

3. Becoming a Customer of Choice

4. Stakeholder Engagement

5. Risk Management

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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