Kvika banki hf 2021 Annual Report with Sustainability Disclosures
Company: Kvika banki hf
Sector: Finance & insurance
Country: Iceland
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 88
The report describes Kvika’s 2021 expansion through the mergers with TM and Lykill and acquisitions of Netgíró and Aur. It highlights a new social responsibility and sustainability committee, a Green Financing Framework, green lending and deposit products, and the Group’s first green bond. The non-financial appendix reports Scope 1 and 2 emissions of 52.2 tCO2e and Scope 3 emissions of 160.1 tCO2e, while noting that the detailed sustainability report was issued alongside the financial statements. Workforce disclosures include 331 full-time employees at year-end and 47% women across the company.
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