Sustainability Policy

Íslandsbanki’s Sustainability Policy aims at making the Bank a model of exemplary operations in the Icelandic business community and a catalyst for positive social action, moving Iceland forward by empowering its customers to succeed.

Íslandsbanki Sustainability Policy


Íslandsbanki’s Sustainability Policy aims at making the Bank a model of exemplary operations in the Icelandic business community, based on internationally recognised environmental, social, and governance (ESG) criteria.

The Bank aims to be a leader in the area of sustainable development and a catalyst for positive social action, moving Iceland forward by empowering its customers to succeed.

To this end, the Bank intends to initiate broad collaboration on responsible business practices that both contribute to sustainable development in the Icelandic economy and support the Icelandic Government’s Climate Action Plan, while also supporting the UN Sustainable Development Goals.

Íslandsbanki's objective is to be a model of exemplary operations


Íslandsbanki’s objective is to be a model of exemplary operations within the Icelandic business environment. In its operations, the Bank considers not only its financial objectives relating to profit and efficiency, but also the ESG criteria:

  • Environmental criteria focus on how Íslandsbanki monitors the environmental impact of its activities and how the Bank supports, among other things, the SDG on climate action.
  • Social criteria centre on how the Bank behaves towards employees, suppliers, customers, and the community in which it operates. In this way, the Bank supports, among other things, the SDGs on Quality Education; Gender Equality; and Industry, Innovation, and Infrastructure.
  • Governance criteria centre on the Bank’s Board and Directors, as well as its internal control and the rights of shareholders.

Íslandsbanki as a positive force in society


Íslandsbanki seeks to set a positive precedent by having its actions do the talking, thereby gaining and maintaining customers’ trust. The Bank aims to communicate actively with customers and collaborators concerning responsible business practices, which is one of the keys to ensuring that Íslandsbanki is a positive force in society.