Sustainability

Íslandsbanki is committed to being a model of exemplary operations and participating actively in the community where we live. By fostering sustainability in the broadest sense, the Bank makes a positive impact, which is important to us and our customers.

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) criteria in its operations, the Bank is committed to initiating broader collaboration on responsible business practices that contribute to sustainable development in the Icelandic economy. By doing this, the Bank is a genuine catalyst.

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.

Read policy

Sustainability Timeline

Íslandsbanki has been a catalyst since 1875. Sustainability has been one of the Bank's main priorities since 2014 although the step taken with the strategy formulation work in 2019 put sustainability and a positive impact on society into even sharper focus as the Bank's main purpose.

See timeline

Íslandsbanki Sustainability Results 2020


For the second time, 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

Through the years, Íslandsbanki has considered it important to participate in international commitments and support domestic cooperative efforts in the area of sustainability.

More on Íslandsbanki's cooperations

UN Sustainable Development Goals

Íslandsbanki participates in various initiatives that support the four SDGs which the Bank has chosen to focus particularly on: education for all, gender equality, innovation and climate action.

More on the UN SDGs

Sustainable Financing Framework


Íslandsbanki has defined a Framework for sustainable loans and investments in its portfolio. It consists of green, blue and red categories for social development.

Sustainable Range of Products


Íslandsbanki is committed to being a model of exemplary operations and participating actively in the community where we live. By fostering sustainability in the broadest sense, the Bank makes a positive impact, which is important to us and our customers.

Green mortgages

We offer better interest in the form of green mortgages

More on green mortgages

Sustainable financing for companies

We offer sustainable loans to companies and projects that include a positive social impact.

More on sustainable financing (in Icelandic)

Green savings

Be a driving force for good deeds and let your savings have a positive impact on the environment.

More on green savings

Green Car Financing

We offer green financing for electric cars, electric bikes or other electric vehicles.

Read more on Ergo's website (in Icelandic)

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 that the Bank has chosen to give particular support to: Climate Action, Gender Equality, Education for everyone, Innovation and Infrastructure