Sydbank AS 2021 AR2
The report highlights Sydbank Group's financial and sustainability performance for the fiscal year 2021. The bank achieved a profit before tax of DKK 1,764 million, representing a return on average equity of 11.2% after tax, and launched its new strategy 'Growing our business.' In sustainability, Sydbank integrated ESG risks into its lending processes and calculated its lending portfolio's carbon footprint for the first time. The bank also reported under the EU Taxonomy Regulation and the UN Principles for Responsible Banking. Additionally, Sydbank reduced its Scope 2 emissions to 1,515 tonnes and achieved a 71% renewable energy share in its electricity consumption.
Company: Sydbank AS
Sector: Financials
Country: Denmark
Year: 2021
Type: AR2
Pages: 150
Sydbank AS
Annual Report
The report highlights Sydbank Group's financial and sustainability performance for the fiscal year 2021. The bank achieved a profit before tax of DKK 1,764 million, representing a return on average equity of 11.2% after tax, and launched its new strategy 'Growing our business.' In sustainability, Sydbank integrated ESG risks into its lending processes and calculated its lending portfolio's carbon footprint for the first time. The bank also reported under the EU Taxonomy Regulation and the UN Principles for Responsible Banking. Additionally, Sydbank reduced its Scope 2 emissions to 1,515 tonnes and achieved a 71% renewable energy share in its electricity consumption.
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
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Employees