Sparebanken Vest

Sustainability Report and Carbon Intensity Rankings

Is Sparebanken Vest doing their part?

Their DitchCarbon score is 60

Sparebanken Vest has a DitchCarbon Score of 60 out of 100, 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 greater success in lowering emissions and enhancing overall sustainability.

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 Vest is a company 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 Vest operates in Norway, a country with a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint through location-based advantages.
9.17%

...this company is doing 9.17% better in emissions than the industry average.

Sparebanken Vest, founded in 1823, is the third largest savings bank in Norway, with a strong presence in the finance sector. Headquartered in Bergen, the company serves the regions of Hordaland, Rogaland, and Sogn og Fjordane with over 50 locations. Offering a comprehensive range of financial services, Sparebanken Vest caters to more than 260,000 individual and corporate clients through its affiliated product companies.

Good news, Sparebanken Vest has embraced SBTi commitments

Sparebanken Vest has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop and implement strategies to significantly cut its carbon footprint to prevent the worst impacts of climate change.
Participating

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Our methodology

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

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