Islandsbanki hf 2020 Sustainability Report
The report highlights Íslandsbanki's commitment to sustainability, following Nasdaq Iceland and Nordic ESG guidelines. In 2020, the bank reported total greenhouse gas emissions of 450.3 tCO2e, with a significant portion from Scope 3. The bank achieved a net-negative operational carbon footprint of -49.7 tCO2e by offsetting 500 tCO2e through the Icelandic Wetland Fund. Key achievements include a 96% renewable energy mix and the integration of ESG factors into lending and investment processes. The bank also emphasizes gender equality, with women occupying 57% of board seats and 48% of senior management positions.
Company: Islandsbanki hf
Sector: Finance & insurance
Country: Iceland
Year: 2020
Type: Sustainability Report
Pages: 20
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Islandsbanki hf
Sustainability Statement
The report highlights Íslandsbanki's commitment to sustainability, following Nasdaq Iceland and Nordic ESG guidelines. In 2020, the bank reported total greenhouse gas emissions of 450.3 tCO2e, with a significant portion from Scope 3. The bank achieved a net-negative operational carbon footprint of -49.7 tCO2e by offsetting 500 tCO2e through the Icelandic Wetland Fund. Key achievements include a 96% renewable energy mix and the integration of ESG factors into lending and investment processes. The bank also emphasizes gender equality, with women occupying 57% of board seats and 48% of senior management positions.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Feb 10, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees