SpareBank 1 Sor-Norge ASA 2023 SR
The report outlines Sparebanken Sør's commitment to sustainable growth in the Agder region, highlighting a net-zero emissions target by 2050. In 2023, the bank achieved an ESG risk rating of 10.8 from Sustainalytics, placing it in the negligible risk category. Key milestones include the reporting of a 9.8% Green Asset Ratio under the EU Taxonomy and a 50.6% reduction in greenhouse gas emissions from own operations compared to the 2017 baseline. The bank also distributed 163.9 MNOK in donations and sponsorships to support local community development. Furthermore, it integrated climate-related risks into its credit processes and expanded its green mortgage portfolio to 14.4 billion NOK.
Company: SpareBank 1 Sor-Norge ASA
Sector: Financials
Country: Norway
Year: 2023
Type: SR
Pages: 72
SpareBank 1 Sor-Norge ASA
Sustainability Report
The report outlines Sparebanken Sør's commitment to sustainable growth in the Agder region, highlighting a net-zero emissions target by 2050. In 2023, the bank achieved an ESG risk rating of 10.8 from Sustainalytics, placing it in the negligible risk category. Key milestones include the reporting of a 9.8% Green Asset Ratio under the EU Taxonomy and a 50.6% reduction in greenhouse gas emissions from own operations compared to the 2017 baseline. The bank also distributed 163.9 MNOK in donations and sponsorships to support local community development. Furthermore, it integrated climate-related risks into its credit processes and expanded its green mortgage portfolio to 14.4 billion NOK.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 22, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
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
Women on Board
Women in Management
Net Zero Target
Employees