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ESG efforts

Social re­spon­si­bil­i­ty – locally and na­tion­al­ly – is a cor­ner­stone of our work. Our group direction for ESG provides the framework for our efforts and contains 35 un­der­ly­ing points giving concrete form to ESG efforts. Fur­ther­more, we have set targets within five areas where we believe we can make a dif­fer­ence.

ESG ambition for the merger

The Bank has a core story with four promises to our different stake­hold­ers. ESG is an integral part of all four promises and our ESG ambition for the merger in respect of them appears below.

  • We put the customer first

    We are accessible to all customers and understand their requirements and ambitions – also in relation to ESG issues, including the green transition and climate proofing

  • We offer an attractive workplace

    We offer a flexible workplace with opportunities for development and responsibility for all

  • We create profitable growth

    We continuously work on integrating financially significant ESG issues into business development, risk management and governance

  • We take responsibility and make a difference

    We work on a broad range of ESG initiatives from ensuring financial inclusion to combating financial crime and supporting local communities

Targets and ini­tia­tives

We have set five targets defining how we are going to make a real dif­fer­ence. Read more about our efforts within each area.

  • Lending
    DKK 10bn for green finance in 2027
  • In­vest­ments
    50-70%* reduction in CO2e footprint from in­vest­ments in 2030 compared to CO2e footprint in 2020
  • AL Sydbank’s employees
    Employee en­gage­ment in top quartile compared to the sector
  • A decent bank
    >95% of the Bank’s employees have regularly completed courses sup­port­ing a decent bank
  • En­vi­ron­men­tal footprint from own op­er­a­tions
    75% reduction in CO2e footprint from own op­er­a­tions in 2030 compared to emissions in 2019.

Read about the targets in our sus­tain­abil­i­ty report

* Please note that the stated per­cent­ages for the targets for in­vest­ments, a decent bank and the en­vi­ron­men­tal footprint from our own op­er­a­tions only relate to a limited part of the ac­tiv­i­ties. The detailed scope and de­f­i­n­i­tion are set out in the annual report.

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