Islandsbanki hf 2024 AR2

The report details Islandsbanki's financial and operational performance for the fiscal year 2024, highlighting a net profit of ISK 24.2 billion and a return on equity of 10.9%. The bank achieved a 23% growth in sustainable lending and assessed 93% of its credit risk exposure in scope with regards to ESG risk. Additionally, Islandsbanki committed to becoming net zero on financed emissions by 2040, with its own operations remaining carbon neutral for the past four years. The bank also published its Green Asset Ratio (GAR) under the EU Taxonomy Regulation, reporting a GAR of 0.20% based on turnover and 0.26% based on capital expenditure.

Company: Islandsbanki hf

Sector: Financials

Country: Iceland

Year: 2024

Type: AR2

Pages: 130

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Islandsbanki hf

Islandsbanki hf 2024 Consolidated Financial Statements

Consolidated Financial Statements

The report details Islandsbanki's financial and operational performance for the fiscal year 2024, highlighting a net profit of ISK 24.2 billion and a return on equity of 10.9%. The bank achieved a 23% growth in sustainable lending and assessed 93% of its credit risk exposure in scope with regards to ESG risk. Additionally, Islandsbanki committed to becoming net zero on financed emissions by 2040, with its own operations remaining carbon neutral for the past four years. The bank also published its Green Asset Ratio (GAR) under the EU Taxonomy Regulation, reporting a GAR of 0.20% based on turnover and 0.26% based on capital expenditure.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Women in Management

Net Zero Target

Employees