SpareBank 1 Nord-Norge 2024 AR2
The report highlights SpareBank 1 Nord-Norge's strong financial performance in 2024, delivering a return on equity of 21.8% and a cost-to-income ratio of 30.2%. In sustainability, the group transitioned to reporting in accordance with the European Sustainability Reporting Standards (ESRS) and the EU Taxonomy. The group updated its double materiality assessment, identifying key impacts, risks, and opportunities, and revised its long-term net-zero target in the loan portfolio to 2050 to align with national climate policies. Additionally, the group expanded its green product offerings and implemented a new model for calculating greenhouse gas emissions from its operations.
Company: SpareBank 1 Nord-Norge
Sector: Financials
Country: Norway
Year: 2024
Type: AR2
Pages: 173
SpareBank 1 Nord-Norge
Annual Report
The report highlights SpareBank 1 Nord-Norge's strong financial performance in 2024, delivering a return on equity of 21.8% and a cost-to-income ratio of 30.2%. In sustainability, the group transitioned to reporting in accordance with the European Sustainability Reporting Standards (ESRS) and the EU Taxonomy. The group updated its double materiality assessment, identifying key impacts, risks, and opportunities, and revised its long-term net-zero target in the loan portfolio to 2050 to align with national climate policies. Additionally, the group expanded its green product offerings and implemented a new model for calculating greenhouse gas emissions from its operations.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees