- Opposition from neighbors and legal issues during the construction of the Solstice Apartments.
- Data quality limitations in calculating financed emissions (addressed by improving data collection and calculation processes).
Sunrise Banks N.A.
Greenhouse gas emissions & sustainability report data
In its 2022-2023 reporting, Sunrise Banks N.A. disclosed greenhouse gas emissions of 105.5K tCO2e/year (2023). By scope: Scope 1: 188.37 tCO2e/year (2023); Scope 2: 377.42 tCO2e/year (2023); Scope 3: 105.0K tCO2e/year (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
105.5K tCO2e/year (2023)
2022-2023
📊 Emissions by Scope (2022-2023)
| 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). | 188.37 tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 377.42 tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 105.0K tCO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced operational emissions by 19.2% from 2022 to 2023 due to the sale of unused facilities.
- Financed $756k in C-PACE loans in 2023 to assist local businesses in reducing energy consumption.
- Financed the construction of Minnesota's first multifamily Passive House in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Expand Net Zero Financing in 2024
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Climate ChangeSocial EquityFinancial Inclusion