SpareBank 1 Sør-Norge ASA
SpareBank 1 Sør-Norge ASA, commonly referred to as SpareBank 1, is a prominent financial institution headquartered in Norway. Established in 1822, the bank has evolved to serve a diverse clientele across Southern Norway, focusing on retail banking, corporate finance, and insurance services. With a commitment to local communities, SpareBank 1 offers a range of unique products, including tailored mortgage solutions and innovative digital banking services. The bank's strong market position is underscored by its dedication to customer satisfaction and sustainable practices, making it a trusted partner for individuals and businesses alike. Notable achievements include its consistent ranking among the top banks in Norway, reflecting its robust financial performance and community engagement.
DitchCarbon Score
How does SpareBank 1 Sør-Norge ASA'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.
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.
Industry Benchmark
SpareBank 1 Sør-Norge ASA's score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SpareBank 1 Sør-Norge ASA's reported carbon emissions
SpareBank 1 Sør-Norge ASA currently does not have available carbon emissions data for the most recent year, nor does it report specific emissions figures in kg CO2e. As a result, there are no details regarding their Scope 1, 2, or 3 emissions. The bank has not outlined any specific reduction targets or initiatives related to carbon emissions. Additionally, there are no commitments to climate pledges or frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) that have been reported. Given the absence of emissions data and reduction commitments, it is unclear how SpareBank 1 Sør-Norge ASA is addressing climate change within its operations. The lack of publicly available information suggests that the bank may need to enhance its transparency and commitment to sustainability practices in the future.
Industry emissions intensity
Location emissions intensity
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.
SpareBank 1 Sør-Norge ASA 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.
