Sustainability
We want to be a role model for the Icelandic economy and take an active part in society. We want our products to reflect rising customer demand for sustainable operations and development. We always want to be where you are.
Íslandsbanki as a model and a catalyst
Íslandsbanki emphasises integrating sustainability into its operations, alongside its profit objectives. In addition to being a model of environmental, social, and governance (ESG) in its operations, the Bank is committed to initiating broader collaboration on responsible business practices that contribute to sustainable development in the Icelandic economy.
Sustainability efforts at Íslandsbanki
Sustainability Policy and goals
The aim of Íslandsbanki’s Sustainability Policy is to embed the Policy's principles and practices into the day to day operations of the Bank and to foster a culture of sustainability that will have a positive impact on society. The Bank's sustainability objectives through 2025 have been approved by the Board of Directors based on ESG criteria.
Sustainability Timeline
Íslandsbanki is proactively working towards a more sustainable future. We sharpened our focus in 2019 when we updated our strategy to ensure that we continue to meet customer needs without compromising the needs of future generations.
Íslandsbanki Sustainability statement 2023
Íslandsbanki publishes detailed information on the impact of its operations based on the environment, social and governance (ESG) criteria.
Cooperation and the SDGs
Cooperation on Sustainability
Íslandsbanki has participated in both international and domestic initiatives to support sustainability.
UN Sustainable Development Goals
Íslandsbanki participates in various initiatives to support the four SDGs the Bank has chosen to focus on: education for all, gender equality, innovation and climate action.
Sustainable Funding Framework
Íslandsbanki was the first Icelandic bank to publish and implement a special framework around the loans and investments in its portfolio that are classified as sustainable. The framework was updated at the beginning of 2024 to reflect the markets increasing demands.
Sustainable range of products
We want to be a role model for the Icelandic economy and take an active part in society. We want our products to reflect rising customer demand for sustainable operations and development. We always want to be where you are.
Sustainable financing for companies
We offer sustainable loans to companies and projects that have a positive social impact.
Green savings
Be a force for good by letting your savings have a positive impact on the environment.
Green Car Financing
We offer green financing for electric cars, electric bikes or other electric vehicles.
Sound Governance
Íslandsbanki's Board of Directors has resolved to pursue exemplary corporate governance practices that are consistent with applicable regulatory provisions, internationally recognised criteria, and best practice in corporate governance.
Grants
We are committed to having a positive effect on society and the Bank supports various causes connected to the four SDGs the Bank has chosen to support: Climate Action, Gender Equality, Education for everyone, Innovation and Infrastructure