Sydbank A/S 2023 Annual Report with Sustainability Disclosures
Company: Sydbank A/S
Sector: Finance & insurance
Country: Denmark
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 162
The report highlights Sydbank Group's all-time-high 2023 profit before tax of DKK 4,281m and profit for the year of DKK 3,342m. It also documents a double materiality assessment performed ahead of 2024 sustainability reporting, alongside ESG integration into products and processes. The climate disclosures report total energy consumption of 12,947 MWh, including a 75% renewable share, and a 75% reduction target for own-operations CO2e emissions by 2030 versus 2019. The report further records DKK 5bn of green finance at year-end and first-time Green Asset Ratio reporting under the EU Taxonomy.
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