A responsible and engaged bank

Like all other banks in Denmark, Spar Nord plays a key role in the transition to a sustainable society. Accordingly, Spar Nord has undertaken to implement sustainable business practices across all business areas and to promote a responsible and engaged corporate culture. ESG is a shared responsibility in Spar Nord and is integral to our operations and the way we run our business. This means that each individual employee plays a vital role in making sure we can support customers in a green transition of either their finances or business.

Spar Nord’s ESG work is concentrated on five strategic focus areas:

• Responsible investment
• Sustainable finance
• Governance and compliance
• Local commitment
• Our own footprint (climate etc.)
  
  

UN guidelines

Spar Nord endorses the UN Sustainable Development Goals and, where relevant, supports and applies UN Guiding Principles on Business and Human Rights. Spar Nord is a signatory to the UN Global Compact (UNGC), the UN Principles for Responsible Investment (UN PRI), and the UN Principles for Responsible Banking (UN PRB). This means the UN SDGs and principles are the overall benchmark for our initiatives, while our daily work is governed by our business strategy and prioritised through materiality analyses and assessments of the areas where we can make the greatest difference.

ESG-rating

In order to ensure transparency and credibility for Spar Nord’s business with regard to sustainability and climate impacts, we have decided to obtain ESG ratings from Sustainalytics and MSCI.