Coop Pank AS 2022 AR2
The report highlights Coop Pank's performance in 2022, during which the bank grew its business volumes by nearly 40% and increased its customer base to 147,000. Net profit rose by 51% to 20.4 million euros, while the loan portfolio and deposits reached 1.3 billion euros and 1.5 billion euros, respectively. In terms of sustainability, Coop Pank became the first Estonian bank to receive a B-rating from the Carbon Disclosure Project (CDP) and joined the UNEP FI, committing to the Principles for Responsible Banking. The bank also introduced Green Leasing to promote climate-friendly vehicles and conducted a carbon footprint assessment of its organization and loan portfolio.
Company: Coop Pank AS
Sector: Finance & insurance
Country: Estonia
Year: 2022
Type: AR2
Pages: 130
Coop Pank AS
The report highlights Coop Pank's performance in 2022, during which the bank grew its business volumes by nearly 40% and increased its customer base to 147,000. Net profit rose by 51% to 20.4 million euros, while the loan portfolio and deposits reached 1.3 billion euros and 1.5 billion euros, respectively. In terms of sustainability, Coop Pank became the first Estonian bank to receive a B-rating from the Carbon Disclosure Project (CDP) and joined the UNEP FI, committing to the Principles for Responsible Banking. The bank also introduced Green Leasing to promote climate-friendly vehicles and conducted a carbon footprint assessment of its organization and loan portfolio.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Net Zero Target
Employees