

The financial services industry has a major role to play in the green shift. Responsible lending has become the Bank’s main focus in its sustainability efforts. Today, this is reflected in our vision Creating together and our values: proficient, nearby and engaged. Responsible lending has been an important part of our social mission as a regional savings bank for 175 years. Providing loans to retail and corporate customers is the Bank’s core business.

Why is this a material topic for the Bank? The topics were identified via a materiality analysis, which includes an extensive dialogue with our stakeholders.īelow, you can see which of the Sustainable Development Goals (SDGs) the Bank can affect through our most material topics. We prioritise our sustainability work based on an analysis of the most important topics for the Bank. How we prioritise our sustainability work See our sustainability strategy and climate report for a further description of our sustainability work. We have developed a green product portfolio which means that we, together with our customers, ensure that consumption and investments contribute to the green shift. In counseling both retail customers and businesses, sustainability must be a natural part of the dialogue. We are continuously working to transform strategy and commitments into concrete action, so that we can achieve our long-term objective of net zero emissions from our investment and loan portfolios by 2050. Today, sustainability has become one of the four main goals in the overall corporate strategy for 2022-2025.Īll SpareBank 1 Østlandet business shall at all times be conducted in accordance with applicable laws and regulations in Norway. In addition, the Bank has its own strategies, goals and guidelines for sustainability.

With local knowledge and a close proximity to customers, the Bank makes assessments that are based on a long-term social commitment as well as economics and risk. Our 36 offices have an active presence in cities and villages in our market area of Innlandet, Oslo and Viken.
