Sustainability Statement

Overview

The report presents Íslandsbanki's 2023 sustainability statement and defines its operational boundaries using operational control. It reports 1,406.7 tCO2e of total operational GHG emissions on a location-based Scope 2 basis, while renewables represented 99.0% of energy consumption. The Bank states an objective to achieve net-zero emissions, including financed emissions from its loan portfolio, by 2040. The Board is identified as overseeing sustainability risk and setting the Bank's sustainability risk appetite.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023
Language: English
Pages
File size
Restatement: Disclosed

Standards

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

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Provider
Standard
Scope
Statement included
Metrics assured

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