SpareBank 1 Nord-Norge 2019 AR2
The report highlights SpareBank 1 Nord-Norge's strong financial performance in 2019, driven by regional economic growth in seafood, tourism, and construction. Key achievements include a return on equity of 15.9% and the launch of a new Sustainability Policy in November 2019, which integrates ESG assessments into funding and investment decisions. The group also signed up to the UNEP FI Principles for Responsible Banking and committed to reducing its greenhouse gas emissions by 5% annually. Additionally, the bank made significant progress in anti-money laundering efforts, re-validating over 200,000 customers, and allocated NOK 465 million to its community dividend initiative, Samfunnsløftet.
Company: SpareBank 1 Nord-Norge
Sector: Finance & insurance
Country: Norway
Year: 2019
Type: AR2
Pages: 232
SpareBank 1 Nord-Norge
The report highlights SpareBank 1 Nord-Norge's strong financial performance in 2019, driven by regional economic growth in seafood, tourism, and construction. Key achievements include a return on equity of 15.9% and the launch of a new Sustainability Policy in November 2019, which integrates ESG assessments into funding and investment decisions. The group also signed up to the UNEP FI Principles for Responsible Banking and committed to reducing its greenhouse gas emissions by 5% annually. Additionally, the bank made significant progress in anti-money laundering efforts, re-validating over 200,000 customers, and allocated NOK 465 million to its community dividend initiative, Samfunnsløftet.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Employees