SpareBank 1 Ostlandet 2024 AR2

The report highlights SpareBank 1 Østlandet's strong financial performance in 2024, achieving a consolidated profit after tax of NOK 3,356 million and a return on equity of 15.8 per cent. During the year, the company completed a significant legal merger with Totens Sparebank and expanded its market area by establishing a new office in Drammen. For the first time, the company prepared its sustainability reporting in accordance with the European Sustainability Reporting Standards (ESRS/CSRD) requirements, guided by a double materiality analysis. The group also reported a green lending portfolio representing 18.8 per cent of total lending and maintained its commitment to achieving net-zero greenhouse gas emissions by 2050.

Company: SpareBank 1 Ostlandet

Sector: Financials

Country: Norway

Year: 2024

Type: AR2

Pages: 309

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SpareBank 1 Ostlandet

SpareBank 1 Ostlandet 2024 Annual Report

Annual Report

The report highlights SpareBank 1 Østlandet's strong financial performance in 2024, achieving a consolidated profit after tax of NOK 3,356 million and a return on equity of 15.8 per cent. During the year, the company completed a significant legal merger with Totens Sparebank and expanded its market area by establishing a new office in Drammen. For the first time, the company prepared its sustainability reporting in accordance with the European Sustainability Reporting Standards (ESRS/CSRD) requirements, guided by a double materiality analysis. The group also reported a green lending portfolio representing 18.8 per cent of total lending and maintained its commitment to achieving net-zero greenhouse gas emissions by 2050.

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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

Reporting Standards

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