Corporate Responsibility Report

Overview

The report describes Føroya Banki Group's first double materiality assessment, completed in 2024 to strengthen ESG reporting and prioritisation. It reports 29.2 Tonnes of Scope 1 emissions and a 59.8% renewable energy share. The company also highlights employee development, balanced management representation, and continued action on sustainable finance and community engagement.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Language: English
Pages
File size

Standards

Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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