SpareBank 1 Nord-Norge 2015 AR2
The report highlights SpareBank 1 Nord-Norge's performance and restructuring efforts in 2015, a year marked by increased digitalization and changing customer behavior. The company implemented a successful voluntary downsizing program, with approximately 150 employees accepting severance packages, and established 16 complete financial centers to modernize its operations. Financially, the Group achieved a profit before tax of NOK 1,033 million and a return on equity of 9.1%. On the sustainability front, the company completely phased out the use of heating oil, achieved a 70% waste recycling rate, and contributed NOK 87.5 million to cultural, sports, and knowledge projects in Northern Norway.
Company: SpareBank 1 Nord-Norge
Sector: Finance & insurance
Country: Norway
Year: 2015
Type: AR2
Pages: 182
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SpareBank 1 Nord-Norge
Annual Report
The report highlights SpareBank 1 Nord-Norge's performance and restructuring efforts in 2015, a year marked by increased digitalization and changing customer behavior. The company implemented a successful voluntary downsizing program, with approximately 150 employees accepting severance packages, and established 16 complete financial centers to modernize its operations. Financially, the Group achieved a profit before tax of NOK 1,033 million and a return on equity of 9.1%. On the sustainability front, the company completely phased out the use of heating oil, achieved a 70% waste recycling rate, and contributed NOK 87.5 million to cultural, sports, and knowledge projects in Northern Norway.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
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
Energy Consumption
Total Waste
Women on Board
Women in Management
Employees