Norges Bank 2022 AR2
The report highlights Norges Bank's activities and financial performance in 2022, a year marked by high inflation and geopolitical tensions. The bank raised its policy rate to 2.75% to curb inflation and managed the Government Pension Fund Global, which reached a market value of NOK 12,429 billion despite negative returns. In sustainability, the bank launched its 2025 Climate Action Plan, aiming to drive portfolio companies toward net-zero emissions by 2050. Additionally, the bank reduced its own operational carbon footprint by 37% compared to 2019 and continued research into central bank digital currencies.
Company: Norges Bank
Sector: Finance & insurance
Country: Norway
Year: 2022
Type: AR2
Pages: 231
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Norges Bank
Annual Report
The report highlights Norges Bank's activities and financial performance in 2022, a year marked by high inflation and geopolitical tensions. The bank raised its policy rate to 2.75% to curb inflation and managed the Government Pension Fund Global, which reached a market value of NOK 12,429 billion despite negative returns. In sustainability, the bank launched its 2025 Climate Action Plan, aiming to drive portfolio companies toward net-zero emissions by 2050. Additionally, the bank reduced its own operational carbon footprint by 37% compared to 2019 and continued research into central bank digital currencies.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Net Zero Target
Employees