|Date joined:||31 January, 2020|
|Initiatives:||Net Zero Banking Alliance and Principles for Responsible Banking|
A leader in financial services in Iceland, Íslandsbanki is a universal bank with total assets of ISK 1,234Bn and a 25-50% market share across all domestic business segments. Building on over 140 years of servicing key industries, Íslandsbanki has developed specific expertise in tourism, seafood and energy related industries.
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.