Foroya Banki 2024 SR
The report highlights Føroya Banki's progress in its sustainability journey during 2024, including a significant rebranding from BankNordik. The company successfully completed its first double materiality assessment (DMA) to align with CSRD and ESRS requirements. Key environmental achievements include transitioning the entire vehicle fleet to electric and progressing toward eliminating Scope 1 emissions by 2025. The bank also maintained a balanced gender representation in management at 49% and improved its Net Promoter Score to 62. Furthermore, it continued supporting local communities through financial literacy programs like Money Day and significant sponsorships in sports and culture.
Company: Foroya Banki
Sector: Financials
Country: Denmark
Year: 2024
Type: SR
Pages: 48
Foroya Banki
Corporate Responsibility Report
The report highlights Føroya Banki's progress in its sustainability journey during 2024, including a significant rebranding from BankNordik. The company successfully completed its first double materiality assessment (DMA) to align with CSRD and ESRS requirements. Key environmental achievements include transitioning the entire vehicle fleet to electric and progressing toward eliminating Scope 1 emissions by 2025. The bank also maintained a balanced gender representation in management at 49% and improved its Net Promoter Score to 62. Furthermore, it continued supporting local communities through financial literacy programs like Money Day and significant sponsorships in sports and culture.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees