SpareBank 1 SMN 2022 AR2

The report highlights SpareBank 1 SMN's 200th anniversary and its strong financial performance in 2022, achieving a return on equity of 12.3% and a CET1 ratio of 18.9%. The group integrated double materiality into its sustainability strategy and conducted detailed calculations of its financed greenhouse gas emissions under the PCAF framework. Key achievements include allocating over half a billion kroner to community dividends, establishing a new specialist department for sustainability reporting, and committing to a net-zero emissions target by 2050.

Company: SpareBank 1 SMN

Sector: Financials

Country: Norway

Year: 2022

Type: AR2

Pages: 252

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SpareBank 1 SMN

SpareBank 1 SMN 2022 Annual Report

Annual Report

The report highlights SpareBank 1 SMN's 200th anniversary and its strong financial performance in 2022, achieving a return on equity of 12.3% and a CET1 ratio of 18.9%. The group integrated double materiality into its sustainability strategy and conducted detailed calculations of its financed greenhouse gas emissions under the PCAF framework. Key achievements include allocating over half a billion kroner to community dividends, establishing a new specialist department for sustainability reporting, and committing to a net-zero emissions target by 2050.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

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

Renewable Energy

Women on Board

Women in Management

Net Zero Target

Employees