Sydbank AS 2024 AR2
The report highlights Sydbank Group's strong financial performance in 2024, achieving an all-time high core income of DKK 7,227m and a profit before tax of DKK 3,645m. During the year, the company successfully acquired Coop Bank A/S and launched its new three-year strategy, 'Bigger Sydbank,' which integrates ESG into its core business. In terms of sustainability, Sydbank made significant progress toward its environmental targets, reducing its own operations' CO2e emissions (Scope 1 and 2) by 57% compared to the 2019 baseline. Additionally, the company expanded its green finance lending to DKK 8.1bn and achieved its 2030 target for private car EV loans ahead of schedule.
Company: Sydbank AS
Sector: Financials
Country: Denmark
Year: 2024
Type: AR2
Pages: 210
Sydbank AS
Annual Report
The report highlights Sydbank Group's strong financial performance in 2024, achieving an all-time high core income of DKK 7,227m and a profit before tax of DKK 3,645m. During the year, the company successfully acquired Coop Bank A/S and launched its new three-year strategy, 'Bigger Sydbank,' which integrates ESG into its core business. In terms of sustainability, Sydbank made significant progress toward its environmental targets, reducing its own operations' CO2e emissions (Scope 1 and 2) by 57% compared to the 2019 baseline. Additionally, the company expanded its green finance lending to DKK 8.1bn and achieved its 2030 target for private car EV loans ahead of schedule.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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
Employees