Arion banki hf 2021 Sustainability Report
The report details Arion Bank's environmental performance for the 2021 fiscal year, following Nasdaq ESG guidelines and GRI standards. The company reported total greenhouse gas emissions of 364.5 tCO2e, with a significant portion of its energy consumption (98.6%) coming from renewable sources. Arion Bank successfully offset 500 tCO2e through forestry projects, resulting in a net-negative operational carbon footprint for Scopes 1 and 2. The report also highlights a reduction in total energy consumption and printed paper usage compared to previous years.
Company: Arion banki hf
Sector: Finance & insurance
Country: Iceland
Year: 2021
Type: Sustainability Report
Pages: 11
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Arion banki hf
Environmental Statement
The report details Arion Bank's environmental performance for the 2021 fiscal year, following Nasdaq ESG guidelines and GRI standards. The company reported total greenhouse gas emissions of 364.5 tCO2e, with a significant portion of its energy consumption (98.6%) coming from renewable sources. Arion Bank successfully offset 500 tCO2e through forestry projects, resulting in a net-negative operational carbon footprint for Scopes 1 and 2. The report also highlights a reduction in total energy consumption and printed paper usage compared to previous years.
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Document Details
Report Year
2021
Reporting Period
2021
Fiscal Year
2021
Published
Feb 8, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste