- Insufficient data for setting concrete CO2 reduction targets for investments.
- Challenges in changing customer behavior regarding online meetings due to broadband speed limitations in some areas of Greenland.
- Difficulty in quantifying waste due to shared containers with other businesses.
Grønlandsbanken
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Grønlandsbanken disclosed greenhouse gas emissions of 212.112 tCO2e/year (2023). By scope: Scope 1: 21.07 tCO2e/year (2023); Scope 2: 0.01 tCO2e/year (2023); Scope 3: 190.232 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
212.112 tCO2e/year (2023)
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). | 21.07 tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0.01 tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 190.232 tCO2e/year (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 | 212.112 tCO2e/year (2023) |
| 2016 | 313.95 tCO2e/year |
| 2015 | 286.13 tCO2e/year |
| 2014 | 334.29 tCO2e/year (Note: Methodology changed in 2014) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 3 emissions from 302.84 tons CO2e in 2022 to 190.232 tons CO2e in 2023, exceeding their target of under 300 tons.
- Reduced CO2 emissions from cars from 0.56 tons in 2022 to 0.24 tons in 2023 due to switching from gasoline to electric cars.
- Implemented Papercut software, resulting in 42% of all prints being double-sided in 2023.
🌱 ESG Focus Areas
Decent work and economic growthQuality educationPovertyAffordable and clean energySustainable cities and communities