Annual Report

The report describes novobanco's 2024 shift to CSRD/ESRS sustainability reporting, alongside SBTi-approved 2030 emissions targets covering operations and financed portfolios. The company expanded green financing and investment, strengthened ESG risk integration, and continued employee inclusion, training, and well-being initiatives. It reports 49% renewable energy in total energy consumption, a 34% reduction in market-based Scope 1 and 2 emissions versus 2023, and 4,195 Group employees. The Sustainability Disclosure also includes EU Taxonomy KPIs, double materiality analysis, and an independent limited assurance report.