- High inflation and rising interest rates.
- Increased defaults in the loan portfolio.
- Turbulent macroeconomic situations.
- Availability of labor.
- Uncertainty in equity and interest rate markets.
- Increased costs due to high inflation and higher prices for purchased services.
Sandnes Sparebank
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Sandnes Sparebank disclosed greenhouse gas emissions of 71.0 tCO2e (2021); 71.8 tCO2e (2022); 71.8 tCO2e (2023). By scope: Scope 1: 0 tCO2e; Scope 2: 10.7 tCO2e; Scope 3: 61.1 tCO2e (2021); 61.1 tCO2e (2022); 61.1 tCO2e (2023). 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
71.0 tCO2e (2021); 71.8 tCO2e (2022); 71.8 tCO2e (2023)
2023
Renewable Energy
100%
of total energy
Energy Use
100% renewable energy
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 0 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10.7 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 61.1 tCO2e (2021); 61.1 tCO2e (2022); 61.1 tCO2e (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 71.0 tCO2e (2021); 71.8 tCO2e (2022); 71.8 tCO2e (2023) |
| 2019 | 90.9 tCO2e/year (2019), 77.6 tCO2e/year (2018) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Published report on due diligence in accordance with the Transparency Act.
- Reduced emissions from buying copy paper by 50% compared to 2022.
- Reduced waste from recycled paper by 21.5% compared to 2022.
- Reduced emissions from business travel by 50% compared to 2022.
- Reduced flights by 59% compared to 2022.
- Headquarters is the first commercial building to achieve the passive house standard in Sandnes and is BREEAM certified.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue to facilitate eco-friendly transport for employees and reduce flights.
- Ensure suppliers comply with environmental requirements.
- Increase the annual volume and scope of green loan products.
🌱 ESG Focus Areas
Climate changeResource efficiencyWaste reductionCircular economyDiversity and equalityResponsible lendingResponsible investment