Sparebanken Ost 2024 Annual Report with Sustainability Disclosures
Company: Sparebanken Ost
Sector: Finance & insurance
Country: Norway
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 182
The report describes Sparebanken Øst's strong 2024 financial performance, including record profit after tax and increased return on equity. It sets out a net-zero emissions goal for 2050 with interim 2030 targets covering the total portfolio, internal emissions, and green loans. The sustainability chapter details financed-emissions calculations, EU Taxonomy alignment, and the bank's climate-risk work. It also reports growth in green lending, with the share of green loans in the private portfolio increasing to 3.7%.
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