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Public Profile
Financial Intermediation
NO
updated 2 months ago

Grong Sparebank

Company website

Grong Sparebank, a prominent financial institution based in Norway, has been serving the community since its establishment in 1886. Headquartered in Grong, the bank primarily operates in the Trøndelag region, providing a range of banking services tailored to meet the needs of both individuals and businesses. Specialising in personal banking, loans, and savings products, Grong Sparebank distinguishes itself through its commitment to local development and customer-centric approach. The bank has achieved notable milestones, including a strong market position within the regional banking sector, thanks to its focus on sustainable practices and community engagement. With a reputation for reliability and personalised service, Grong Sparebank continues to play a vital role in the financial landscape of Northern Norway.

DitchCarbon Score

How does Grong Sparebank'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.

26

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.

27

Industry Benchmark

Grong Sparebank's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

48%

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Grong Sparebank's reported carbon emissions

Grong Sparebank, headquartered in Norway, currently does not report any carbon emissions data, as indicated by the absence of specific figures for the most recent year. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, Grong Sparebank has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi) or other industry standards. Without these commitments or data, it is unclear how the bank plans to address its carbon footprint or contribute to climate action. As of now, Grong Sparebank's climate strategy remains unspecified, and there are no inherited emissions data from a parent or related organization. This lack of information highlights an opportunity for the bank to develop and communicate its climate commitments more effectively in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grong Sparebank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Grong Sparebank is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Grong Sparebank 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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