Sparebanken Sør

Sustainability Report and Carbon Intensity Rankings

Is Sparebanken Sør doing their part?

Their DitchCarbon score is 61

Sparebanken Sør has a DitchCarbon Score of 61, 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 suggest more significant actions taken towards reducing their environmental impact and achieving lower carbon intensity.

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

Sparebanken Sør operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. 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

Sparebanken Sør operates in Norway, a country with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
10.17%

...this company is doing 10.17% better in emissions than the industry average.

Founded in 1825, Sparebanken Sør is a prominent financial institution headquartered in Kristiansand, Norway, operating within the finance sector. As the fifth largest Norwegian-owned bank, it serves as a leading financial entity in the Agder counties and parts of Telemark. The company offers a range of financial services, including personal banking, business banking, and asset management, and is committed to delivering added value to its customers through expertise, decision-making capabilities, and market proximity.

emission intelligence's platform recommendations for Sparebanken Sør

Sparebanken Sør should consider implementing green procurement policies to source low-carbon energy and services, which could potentially reduce their emissions by 0.3%.

Bad news, Sparebanken Sør hasn't committed to SBTi goals yet

Sparebanken Sør has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining or has not publicly disclosed its goals for reducing greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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Our methodology

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

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