- 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
SpareBank 1 SMN
Greenhouse gas emissions & sustainability report data
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.
๐ Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.3M tCO2e (Scope 1 2 location-based and 3) |
| 2022 | 1.5M 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.
โ Reported Environmental Achievements
- 8% reduction per year target of total CO2 emissions from loan portfolios
๐ฏ Climate & Sustainability Targets
๐ญ Long-term
- Net zero emissions by 2050
๐ฑ ESG Focus Areas
Responsible lending and investmentsAdvisory services and customer offeringSustainable transition of Mid-NorwaySustainable transition in SpareBank 1 SMN