Alandsbanken Abp 2024 AR2
The report highlights the Bank of Åland's record-high net operating profit of EUR 65.0 million in 2024, representing a 5 per cent increase from the previous year. The bank successfully prepared its first sustainability report in compliance with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS). Key achievements include validation of its climate targets by the Science Based Targets initiative (SBTi) and the launch of the Ålandsbanken Norden Dividend mutual fund. Additionally, the bank completed its third and final transfer of Swedish home mortgage loans to Borgo, freeing up liquidity and capital while continuing to support environmental initiatives like the Baltic Sea Project.
Company: Alandsbanken Abp
Sector: Financials
Country: Finland
Year: 2024
Type: AR2
Pages: 297
Alandsbanken Abp
Annual Report
The report highlights the Bank of Åland's record-high net operating profit of EUR 65.0 million in 2024, representing a 5 per cent increase from the previous year. The bank successfully prepared its first sustainability report in compliance with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS). Key achievements include validation of its climate targets by the Science Based Targets initiative (SBTi) and the launch of the Ålandsbanken Norden Dividend mutual fund. Additionally, the bank completed its third and final transfer of Swedish home mortgage loans to Borgo, freeing up liquidity and capital while continuing to support environmental initiatives like the Baltic Sea Project.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees