Sustainability accounts

Information published in the sustainability accounts in connection with environmental, social and governance factors apply to 2022 and to the main activities of Arion Bank. The subsidiaries are not included in the accounts unless otherwise stated. Data from 2018-2021 is presented for comparative purposes, and the base year for the Bank’s environment accounts is 2015. Deloitte has provided an opinion with limited assurance on reporting by Arion Bank in 2022 which is presented in accordance with the Global Reporting Initiative, GRI Standards and the Nasdaq ESG Reporting Guide.

The sustainability accounts for Arion Bank in connection with environmental, social and governance factors can be found in the following documents:

Environment  (Updated 23 February 2023)



Key to references in Arion Bank's sustainability accounts

The letters E, S and G refer to factors relating to the Environment, Social and Governance as set out in the ESG reporting guide for the Nasdaq Nordic exchanges.

GRI stands for Global Reporting Initiative, GRI Standards. GRI helps companies and institutions analyze, collect and publish information on the economic, environmental and social impact of their activities.

UNGC stands for United Nations Global Compact. By participating in the Global Compact companies or institutions commit to work towards the UN’s Ten Principles on Sustainability.

SDG refers to the UN Sustainable Development Goals. The Sustainable Development Goals were adopted by all member states of the United Nations in September 2015. There are 17 Sustainable Development Goals and 169 targets. This table refers to the 17 goals.