Annual Report

Overview

The report describes the Bank of Åland's first CSRD/ESRS sustainability report, validated SBTi climate targets, detailed EU Taxonomy and GHG disclosures, and a year-end Group workforce of 1,131 employees. It reports 2024 total market-based GHG emissions of 2,807,752 tonnes of CO2e and targets a 50% reduction by 2030 and net-zero emissions by 2050. The report also covers the Group's workforce, responsible investment, lending, biodiversity, circular economy, and business conduct.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size
Restatement: Disclosed

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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

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UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status

Materiality

Assessment
Basis

Assurance

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Standard
Scope
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Overview