SpareBank 1 Østlandet has joined the Net-Zero Banking Alliance

Together with 42 other banks worldwide, we have joined the Net-Zero Banking Alliance of the United Nations Environment Programme Finance Initiative. In line with the Paris Agreement, we commit ourselves to reduce the CO2 balance sheet of our entire lending and investment portfolio to net zero by 2050 at the latest.

Green Bond Framework

SpareBank 1 Østlandet’s Green Bond Framework is an extension of the Bank’s sustainability strategy and general guidelines for corporate social responsibility and sustainability. The framework is in line with the ICMA Green Bond Principles. 

Recognized with prestigious ‘A’ score for climate change

SpareBank 1 Østlandet has been recognized for climate leadership by CDP, a global environmental non-profit charity, securing a place on its prestigious ‘A List’ for tackling climate change. 

Sustainability Impact Analysis - Principles for Responsible Banking

The United Nations Environment Programme Finance Initiative (UNEP FI) launched the Principles for Responsible Banking in 2019. SpareBank 1 Østlandet was the first Norwegian bank to sign up to the principles.

One of the first steps the Bank took was to conduct an impact analysis. The results of the analysis will be used in the Bank’s future sustainability work and changes to the Bank’s focus areas and targets are being assessed. 

See our Impact Analysis 2021
See our Impact Analysis 2020

First Norwegian bank to sign the Principles for Responsible Banking

On 22 September 2019, SpareBank 1 Østlandet became one of the Founding Signatories of the Principles for Responsible Banking, committing to strategically align its business with the Sustainable Development Goals and the Paris Agreement on Climate Change. By signing the principles, SpareBank 1 Østlandet joins a coalition of 130 banks worldwide in committing to taking on a crucial role in helping to achieve a sustainable future.

Among the top companies

The Goverance Group scores SpareBank 1 Østlandet among the top companies on Oslo Stock Exchange when it comes to ESG reporting. 

Contact Head of Sustainability

Karoline Bakka Hjertø
Head of Sustainability
0047 99 22 73 03