Sydbank AS 2023 AR2
The report highlights Sydbank Group's record-high financial performance in 2023, achieving a profit before tax of DKK 4,281 million and a return on average equity of 23.6% after tax. Strategically, the bank advanced its 'Growing our business' strategy, focusing on profitable growth, efficiency, and integrating ESG into its core operations. Sydbank issued its second green bond, bringing its total green bond issuance to EUR 1 billion, and expanded its green lending products, reaching DKK 5 billion in green finance since 2020. Additionally, the bank conducted a double materiality assessment in preparation for CSRD compliance and achieved an equal gender balance on its Board of Directors.
Company: Sydbank AS
Sector: Financials
Country: Denmark
Year: 2023
Type: AR2
Pages: 162
Sydbank AS
Annual Report
The report highlights Sydbank Group's record-high financial performance in 2023, achieving a profit before tax of DKK 4,281 million and a return on average equity of 23.6% after tax. Strategically, the bank advanced its 'Growing our business' strategy, focusing on profitable growth, efficiency, and integrating ESG into its core operations. Sydbank issued its second green bond, bringing its total green bond issuance to EUR 1 billion, and expanded its green lending products, reaching DKK 5 billion in green finance since 2020. Additionally, the bank conducted a double materiality assessment in preparation for CSRD compliance and achieved an equal gender balance on its Board of Directors.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Employees