Annual and Sustainability Report

Overview

The report highlights Íslandsbanki's 2022 sustainability milestones, including ISK 79 billion in outstanding sustainable loans and a rise in ESG risk-assessed credit risk to 76%. It sets financed-emissions reduction pathways of 60% by 2030 and 85% by 2040, alongside the objective of reaching net zero by 2040. EY provided limited assurance over selected sustainability disclosures.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: 1 January 2022 – 31 December 2022
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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