SpareBank 1 Ostlandet 2019 AR2
The report highlights SpareBank 1 Østlandet's financial and sustainability achievements in 2019, marking its 175th anniversary. The company achieved a consolidated profit after tax of NOK 1,928 million and became the first Norwegian bank to sign the UN Principles for Responsible Banking. It launched green agriculture loans for solar panels and expanded its green mortgage portfolio. Additionally, the bank implemented Science Based Targets to reduce its greenhouse gas emissions in line with the Paris Agreement and conducted extensive ESG due diligence assessments across its lending portfolios.
Company: SpareBank 1 Ostlandet
Sector: Finance & insurance
Country: Norway
Year: 2019
Type: AR2
Pages: 216
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SpareBank 1 Ostlandet
Annual Report
The report highlights SpareBank 1 Østlandet's financial and sustainability achievements in 2019, marking its 175th anniversary. The company achieved a consolidated profit after tax of NOK 1,928 million and became the first Norwegian bank to sign the UN Principles for Responsible Banking. It launched green agriculture loans for solar panels and expanded its green mortgage portfolio. Additionally, the bank implemented Science Based Targets to reduce its greenhouse gas emissions in line with the Paris Agreement and conducted extensive ESG due diligence assessments across its lending portfolios.
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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
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees