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Landsbankinn’s ESG Report available online

Landsbankinn's ESG Report for 2019 is now available on the Bank's website. The Report contains detailed information about the Bank’s sustainability platform and its impact on the environment and society. Landsbankinn publishes an annual ESG report based on the principles of the Global Reporting Initiative (GRI). The Report endeavours to provide an insight into accomplishments and pin-point room for improvement.

This Report reviews equality at Landsbankinn, responsible investment, implementation of three of the UN’s Sustainable Development Goals in the operation and wide-reaching community projects the Bank participates in, including an international venture to develop carbon emission account methods for financial undertakings.

Lilja Björk Einarsdóttir, CEO of Landsbankinn:

“Clearly, the social and economic impact of the Covid-19 pandemic will be wide-reaching. Under such circumstances, the Bank’s main role is to serve and support its customers. At the same time, it is important to plan for the future. Landsbankinn’s ESG Report, published today, reviews the Bank’s sustainability platform in 2019. The Report provides information on the varied projects the Bank is engaged in under social responsibility, from ensuring equality in the workplace, implementation of the methodology of responsible investment and wide-reaching social projects. The importance of sustainability in corporate activity continues to grow and Landsbankinn intends to continue to lead in the field. This year, the Bank’s most important task will be to provide sound and effective financial service and support customers through challenging times.”

Landsbankinn is an active participant in the UN's Global Compact, UN PRI, a founding member of the Iceland Sustainable Investment Forum (IcelandSIF), as well as Festa, Centre for Corporate Social Responsibility. International rating agency Sustainalytics reviewed Landsbankinn for ESG risk and the Bank received an excellent score, ranking 6th out of 376 European banks assessed by Sustainalytics.

In September 2019, Landsbankinn signed the UN’s Principles for Responsible Banking and has since set goals presented in the Report. These goals involve assessing emissions from Landsbankinn’s credit and asset portfolios, developing green lending, and working to close the gender-based wage gap and boost gender equality in the labour market.

Landsbankinn’s ESG Report for 2019


Weekly bulletin - 21 September 2020 08:32 AM

Icelandic Economic Weekly: 21 September 2020

Icelandair concluded its public offering. Registered unemployment was 9.4% in August. Of that figure, 0.9pp is due to part-time claims. The housing price index for the capital region increased by 0.8% MoM, bringing the YoY change to 5.2%.


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Front page - 17 September 2020 02:39 PM

Fraudsters attempt to use stolen card numbers

Yesterday, 16 September, Valitor warned against emails apparently sent by Pósturinn. The email asked the recipient to click on an embedded link that opened a false payment site made to look like Valitor’s site. Cyber criminals have obtained card numbers by such means and card holders are advised to be alert.


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News and Notifications - 16 September 2020 08:20 AM

Share offering of Icelandair Group hf. ends at 16:00 on Thursday, 17 September 2020

The share offering of Icelandair Group hf. commenced at 9:00 on Wednesday, 16 September, and ends at 16:00 on Thursday, 17 September. Participation in the offering is via the Bank’s website.


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