SpareBank 1 SMN

Greenhouse gas emissions & sustainability report data

๐Ÿ“Š Latest report period: 2024๐Ÿ—‚๏ธ Report periods on file: 2024, 2023, 2022

Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

๐Ÿ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
20231.3M tCO2e (Scope 1 2 location-based and 3)
20221.5M tCO2e (market-based including loan portfolio)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

โœ… Reported Environmental Achievements

๐ŸŽฏ Climate & Sustainability Targets

๐Ÿ”ญ Long-term

  • Net zero emissions by 2050

๐ŸŒฑ ESG Focus Areas

Responsible lending and investmentsAdvisory services and customer offeringSustainable transition of Mid-NorwaySustainable transition in SpareBank 1 SMN

โš ๏ธ Challenges & Risks +

  • Uncertainty in the market surrounding how to implement the EU Taxonomy's 'do no significant harm' criteria and minimum safeguards criteria
  • Lack of availability of certain data relating to the Eligible Green Loans

๐Ÿ“‹ Report Information

Reporting Period: 2024
Frameworks: ICMA Green Bond Principles (GBP), LMA/APLMA/LSTA Green Loan Principles (GLP), UN Sustainable Development Goals (SDGs), EU Taxonomy Regulation, EU Taxonomy Climate Delegated Act, Global Reporting Initiative (GRI), Task Force on Climate Related Financial Disclosure (TCFD), Science-Based Targets initiative (SBTi)
Assurance: Sustainalytics (Second Party Opinion), External Auditor (Limited assurance report)