To further strengthen the 360 degree focus on the CSR Strategy, the bank has developed a Green Bond Framework in line with the ICMA Green Bond Principles.
Sparebanken Vest strives to make life in Western Norway even better. We recognise that our task as part of society goes further than the statutory requirements we are subject to. Throughout our history, we have endeavoured to ensure that the local community has the best conditions for growth and that it develops in a sustainable way. We will continue to do so, which means taking responsibility for both the local and global environment.
We will help to create a better world, through the projects and customers we choose to finance and through how we conduct ourselves in relation to customers, society and the environment.
To further stregthen the 360 degree focus on the CSR Strategy, the bank has developed a Green Bond Framework in line with the ICMA Green Bond Principles.
The eligible categories in the framework are:
• Green Residential Buildings
• Green Corporate Buildings
• Renewable energy
Sparebanken Vest has obtained a second party opinion on the framework from Sustainalytics and have appointed Multiconsult as external expert advisor on assessing the impact from lending to the most energy efficient Norwegian residential and commercial buildings, and from production of electricity from hydro power plants in Norway.