- Strong competition for mortgage and deposit customers putting pressure on margins.
- Challenging year in 2023 and continued challenges in early 2024 for Frende's insurance operations due to large natural disasters and major claims.
- Continued decline in new home sales and decrease in construction activities.
- Uncertainty regarding market developments for Sørmegleren (real estate brokerage) for the rest of 2024.
Sparebanken Sør
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 253.5 tCO2e/year |
| 2020 | 273 tCO2e/year |
| 2019 | 417.5 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
🌱 ESG Focus Areas
Gender equality and diversityGreen bondsSustainable productsESG risk integration in credit processesReduced greenhouse gas emissions