- Low interest rate level negatively impacting financial results.
- Increased labor costs due to management changes.
- Interest rate dependency of the bank's income.
Cultura Sparebank
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, Cultura Sparebank disclosed greenhouse gas emissions of 9.3 tCO2e/year (Scope 1 & 2). 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.
GHG Emissions
9.3 tCO2e/year (Scope 1 & 2)
2021
✅ Reported Environmental Achievements
- 85% of suppliers (over 40,000 NOK) were environmentally certified in 2021.
- Cultura Bank is an Eco-lighthouse certified business.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Expand service offerings (bank integration, funds, credit cards, flexible mortgages).
📅 Medium-term
- Become the #1 value-based bank for customers.
🔭 Long-term
- Develop an ambitious climate target in line with GABV cooperative banks.
🌱 ESG Focus Areas
Responsible lending policyEthical marketingData protectionCombating economic crimeClimate changeBiodiversitySocial responsibilityGender equality