Bank of Valletta PLC 2023 AR2

The report outlines Bank of Valletta's financial and sustainability performance for the fiscal year 2023. The bank achieved record financial results with a profit before tax of ’251.6 million, driven by a high interest rate environment and strong organic growth. On the ESG front, the bank integrated its sustainability strategy into its 2024-2026 business plans, focusing on green lending, reducing operational greenhouse gas emissions, and enhancing board diversity. Additionally, the bank reported its Scope 1, 2, and 3 greenhouse gas emissions and disclosed its Green Asset Ratio in alignment with the EU Taxonomy Regulation.

Company: Bank of Valletta PLC

Sector: Financials

Country: Malta

Year: 2023

Type: AR2

Pages: 215

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Bank of Valletta PLC

Bank of Valletta PLC 2023 Annual Report

Annual Report

The report outlines Bank of Valletta's financial and sustainability performance for the fiscal year 2023. The bank achieved record financial results with a profit before tax of ’251.6 million, driven by a high interest rate environment and strong organic growth. On the ESG front, the bank integrated its sustainability strategy into its 2024-2026 business plans, focusing on green lending, reducing operational greenhouse gas emissions, and enhancing board diversity. Additionally, the bank reported its Scope 1, 2, and 3 greenhouse gas emissions and disclosed its Green Asset Ratio in alignment with the EU Taxonomy Regulation.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

May 31, 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:

Women on Board

Women in Management

Net Zero Target

Employees