Alandsbanken Abp 2020 AR2
The report highlights Bank of Åland Plc's financial and sustainability performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved record earnings with net operating profit increasing by 20 percent to EUR 39.7 M. In sustainability, the bank integrated its reporting into the Annual Report and conducted a materiality analysis based on the UN Sustainable Development Goals. Notably, the bank reduced its carbon footprint from electricity, travel, and paper by 60 percent, and expanded the global reach of its Åland Index standard for measuring the climate impact of consumption.
Company: Alandsbanken Abp
Sector: Finance & insurance
Country: Finland
Year: 2020
Type: AR2
Pages: 138
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Alandsbanken Abp
Annual Report
The report highlights Bank of Åland Plc's financial and sustainability performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company achieved record earnings with net operating profit increasing by 20 percent to EUR 39.7 M. In sustainability, the bank integrated its reporting into the Annual Report and conducted a materiality analysis based on the UN Sustainable Development Goals. Notably, the bank reduced its carbon footprint from electricity, travel, and paper by 60 percent, and expanded the global reach of its Åland Index standard for measuring the climate impact of consumption.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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