Kvika Banki hf 2023 SR

The report highlights Kvika's progress in implementing its 2022 Sustainability Strategy, focusing on integrating ESG into core business decisions. Key achievements include the first green bond issuance in SEK by an Icelandic bank and a 108% increase in green commitments. The company successfully implemented the EU Sustainable Finance Disclosure Regulation (SFDR) and the EU Taxonomy framework. Socially, Kvika maintained equal pay certification and reported high employee job satisfaction. Environmentally, the group offset its operational emissions through high-quality carbon credits and continued measuring financed emissions using the PCAF methodology.

Company: Kvika Banki hf

Sector: Financials

Country: Iceland

Year: 2023

Type: SR

Pages: 35

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Kvika Banki hf

Kvika Banki hf 2023 Sustainability Report

Sustainability Report

The report highlights Kvika's progress in implementing its 2022 Sustainability Strategy, focusing on integrating ESG into core business decisions. Key achievements include the first green bond issuance in SEK by an Icelandic bank and a 108% increase in green commitments. The company successfully implemented the EU Sustainable Finance Disclosure Regulation (SFDR) and the EU Taxonomy framework. Socially, Kvika maintained equal pay certification and reported high employee job satisfaction. Environmentally, the group offset its operational emissions through high-quality carbon credits and continued measuring financed emissions using the PCAF methodology.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Feb 15, 2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

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

Net Zero Target

Employees