SpareBank 1 SMN 2021 AR2
The report highlights SpareBank 1 SMN's strong performance in 2021, delivering a record net profit of NOK 2,902 million and a return on equity of 13.5%. The group implemented its new sustainability strategy, issuing a senior green bond worth EUR 500 million and launching the 'My Climate Track' tool to help customers monitor their carbon footprint. Additionally, the group reduced its total greenhouse gas emissions by 3.88% compared to 2020. The community dividend was raised to a new level, allocating NOK 200 million to regional projects, including a green transition support scheme for small and medium-sized businesses in collaboration with SINTEF.
Company: SpareBank 1 SMN
Sector: Finance & insurance
Country: Norway
Year: 2021
Type: AR2
Pages: 234
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SpareBank 1 SMN
Annual Report
The report highlights SpareBank 1 SMN's strong performance in 2021, delivering a record net profit of NOK 2,902 million and a return on equity of 13.5%. The group implemented its new sustainability strategy, issuing a senior green bond worth EUR 500 million and launching the 'My Climate Track' tool to help customers monitor their carbon footprint. Additionally, the group reduced its total greenhouse gas emissions by 3.88% compared to 2020. The community dividend was raised to a new level, allocating NOK 200 million to regional projects, including a green transition support scheme for small and medium-sized businesses in collaboration with SINTEF.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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 2:
Scope 3:
Women on Board
Women in Management
Employees