APS Bank PLC 2024 SR
The report outlines APS Bank's strategy to become Malta's most trusted partner for ESG matters and sustainable finance. It details the integration of ESG risks into the Group's risk management framework, covering credit, market, and operational risks. Key highlights include the expansion of the social product suite with 'Loan Up' and the establishment of a baseline for Scope 1-3 emissions using the PCAF methodology. The report also provides disclosures aligned with the EU Taxonomy, reporting a Green Asset Ratio (GAR) of 0.33% for its stock of covered assets. Furthermore, the Bank highlights initiatives such as the Malta Sustainability Forum and the use of 80% recycled materials for its payment cards.
Company: APS Bank PLC
Sector: Financials
Country: Malta
Year: 2024
Type: SR
Pages: 26
APS Bank PLC
ESG Disclosures Report
The report outlines APS Bank's strategy to become Malta's most trusted partner for ESG matters and sustainable finance. It details the integration of ESG risks into the Group's risk management framework, covering credit, market, and operational risks. Key highlights include the expansion of the social product suite with 'Loan Up' and the establishment of a baseline for Scope 1-3 emissions using the PCAF methodology. The report also provides disclosures aligned with the EU Taxonomy, reporting a Green Asset Ratio (GAR) of 0.33% for its stock of covered assets. Furthermore, the Bank highlights initiatives such as the Malta Sustainability Forum and the use of 80% recycled materials for its payment cards.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Dec 31, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available