SpareBank 1 Sor-Norge ASA 2021 SR
The report outlines Sparebanken Sør's sustainability strategy and performance for 2021, focusing on its role as a regional savings bank in Norway. Key highlights include the integration of an ESG module into credit processes for corporate loans and the issuance of a Green Covered Bond worth EUR 500 million. The bank achieved a low ESG risk rating of 11.7 from Sustainalytics and reported a 55% reduction in greenhouse gas emissions from its own activities compared to the 2017 baseline. It also details the bank's commitment to the UN Global Compact and the Principles for Responsible Banking while aligning with the EU taxonomy.
Company: SpareBank 1 Sor-Norge ASA
Sector: Financials
Country: Norway
Year: 2021
Type: SR
Pages: 50
SpareBank 1 Sor-Norge ASA
Sustainability Report
The report outlines Sparebanken Sør's sustainability strategy and performance for 2021, focusing on its role as a regional savings bank in Norway. Key highlights include the integration of an ESG module into credit processes for corporate loans and the issuance of a Green Covered Bond worth EUR 500 million. The bank achieved a low ESG risk rating of 11.7 from Sustainalytics and reported a 55% reduction in greenhouse gas emissions from its own activities compared to the 2017 baseline. It also details the bank's commitment to the UN Global Compact and the Principles for Responsible Banking while aligning with the EU taxonomy.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 10, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees