Sustainability objectives through 2025 | Secondary objectives for 2021 | |
Carbon-neutral operations | 33% decline in operations-related carbon footprint from 2019-2021 (50% reduction from 2019-2024) Complete first round of assessment of “financed emissions” based on available data in accordance with PCAF standard | |
Offer our customers green and sustainable products | Complete the classification of the current loan portfolio based on the sustainable financial framework, set target for increase Market at least three new sustainable products, including two in H1/2021 | Quality education Gender equality Industry, innovation, and infrastructure Climate action |
Balance gender ratios through all of the Bank‘s operations | Ensure that gender ratio in the Bank’s management team is always 40:60 or better Action plan and quantifiable targets to increase the number of women in investment banking and IT | |
| Assess diversity using the Equileap took in cooperation with Nordic CEOs for a Sustainable Future. After measuring, prepare an action and education plan for diversity and inclusion. | Quality education Gender equality |
Work with suppliers and partners that champion sustainability | Meet with 20 large suppliers each year and steadily increase emphasis on sustainability. Formulate procedures to ensure compliance with the Suppliers’ Code of Conduct and respond to incidents that arise. | Quality education Gender equality Industry, innovation, and infrastructure Climate action |
Assess sustainability risk, define responsibility, and increase information disclosure | Sustainability risk assessment based on ESG criteria incorporated into the formal procedures for granting large loans. Publish sustainability information for 2020 in accordance with TCFD criteria. | Quality education Gender equality Industry, innovation, and infrastructure Climate action |
Place special emphasis on four of the UN Sustainable Development Goals | Implement a sustainability calender in support of the Global Goals and aim for >60% participation in Helping Hand. Base allocations from the Entrepreneurship Fund on UN Global Goals and update the grant policy to reflect the Goals. | Quality education Gender equality Industry, innovation, and infrastructure Climate action |