Alandsbanken Abp 2017 AR2
The report highlights the Bank of Åland's financial and sustainability performance for the fiscal year 2017. The company achieved a 5 percent increase in profit attributable to shareholders to EUR 20.7 million, alongside record volumes in deposits, lending, and managed assets. In sustainability, the bank conducted its first structured materiality analysis and continued its environmental commitment through the Baltic Sea Project. Notably, its innovative Baltic Sea Card and the Åland Index, which measure the carbon footprint of purchases, received global recognition, including the Cannes Lions Cyber Grand Prix. Additionally, the bank reduced its loan losses by nearly half and successfully launched digital solutions like the e-ID in Finland and Swish integration in Sweden.
Company: Alandsbanken Abp
Sector: Finance & insurance
Country: Finland
Year: 2017
Type: AR2
Pages: 182
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Alandsbanken Abp
Annual Report
The report highlights the Bank of Åland's financial and sustainability performance for the fiscal year 2017. The company achieved a 5 percent increase in profit attributable to shareholders to EUR 20.7 million, alongside record volumes in deposits, lending, and managed assets. In sustainability, the bank conducted its first structured materiality analysis and continued its environmental commitment through the Baltic Sea Project. Notably, its innovative Baltic Sea Card and the Åland Index, which measure the carbon footprint of purchases, received global recognition, including the Cannes Lions Cyber Grand Prix. Additionally, the bank reduced its loan losses by nearly half and successfully launched digital solutions like the e-ID in Finland and Swish integration in Sweden.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Employees