GRI-index

The Global Reporting Initiative (GRI) is the leading standard for sustainability reporting. The GRI guidelines consist of principles, guidance and performance indicators that can be used by companies to measure and report on financial, environmental and social factors. 

Sparebanken Møre will report in line with the GRI standard, ‘Core option’, from and including the 2020 accounting year. More information about GRI can be found on globalreporting.org. 

General disclosures

GRI-indicatorDescriptionSustainable Development Goals (SDGs)SBM's reportingComments/direct reporting
Organizational Profile
102-1Name of the organisation Sparebanken Møre 
102-2Activities, brands, products, and services Annual Report – Board of Directors' Report 2020 – section ‘Areas of operation and markets’ Annual Report – Corporate governance – section ‘Operations’ 
102-3Location of headquarters Annual Report – Board of Directors' Report 2020 – section ‘Areas of operation and markets’ and Note 1 ‘General information’ 
102-4Location of operations Annual Report – Board of Directors' Report 2020 – section ‘Areas of operation and markets’ and Note 1 ‘General information’ 
102-5Ownership and legal form Annual Report – Board of Directors' Report 2020 – section ‘Areas of operation and markets’ and Note 1 ‘General information’ Annual Report – Corporate governance 
102-6Markets served Annual Report – Board of Directors' Report 2020 – section ‘Areas of operation and markets’ and Note 1 ‘General information’ 
102-7Scale of organisation Annual Report – Key figures Annual Report – Board of Directors' Report 2020 
102-8Information on employees and other workers Annual Report – Corporate social responsibility and sustainability – Equality and diversityThe number of employees per contract type has not been broken down by region. Møremegling is included for numbers in 2020.
102-9Supply chain Annual Report – Corporate social responsibility and sustainability – Requirements for suppliers 
102-10Significant changes to the organisation and its supply chain  No material changes
102-11Precautionary Principle or approach Annual Report – Corporate social responsibility and sustainability – ‘Our commitments’, ‘Open and ethical business’ and ‘Responsible lending’ 
102-12External initiativesSDG 17Annual Report – Corporate social responsibility and sustainability – Our commitments 
102-13Membership of associationsSDG 17Annual Report – Corporate social responsibility and sustainability – Our commitmentsFinance Norway
Strategy
102-14Statement from the CEOSDG 3, 8, 11 og 17Annual Report – ‘Important values have been strengthened’ 
Ethics and integrity
102-16Values, standards, principles and normsSDG 5, 8, 11, 12, 13, 16 and 17Annual Report – Corporate social responsibility and sustainability – Our commitments Code of Conduct and CSR Policy on the Bank’s website 
Governance
102-18Governance structure Annual Report – Corporate governance – sections ‘General Meeting’, ‘Nomination committees’, ‘Board of directors: composition and independence’ Annual Report – Organisation and management structure Annual Report – Corporate social responsibility and sustainability – section ‘Organisation of the work’ 
Stakeholder Analysis
102-40List of stakeholder groupsSDG 17Annual Report – Stakeholder dialogue and materiality analysis 
102-41Collective bargaining agreementsSDG 8 96.5 per cent of employees are covered by collective bargaining agreements
102-42Identifying and selecting stakeholdersSDG 17Annual Report – Stakeholder dialogue and materiality analysis 
102-43Approach to stakeholder engagementSDG 17Annual Report – Stakeholder dialogue and materiality analysis 
102-44Key topics and concerns raisedSDG 17Annual Report – Stakeholder dialogue and materiality analysis 
Reporting Practice
102-45Entities included in the consolidated financial statements Annual Report – Board of Directors' Report 2020 – section ‘Areas of operation and markets’ and Note 1 ‘General information’ 
102-46Defining report content and topic Boundaries Annual Report – Corporate social responsibility and sustainability – sections ‘An integral part of the strategy’, ‘Reporting standards’ and ‘Materiality analysis’ 
102-47List of material topics Annual Report – Corporate social responsibility and sustainability – Stakeholder engagement and materiality analysis – section ‘Materiality analysis’ 
102-48Restatements of information  Sparebanken Møre is reporting in line with GRI for the first time in the Annual Report for 2020.
102-49Changes in reporting  Sparebanken Møre is reporting in line with GRI for the first time in the Annual Report for 2020.
102-50Reporting period  2020
102-51Date of previous report  March 2019
102-52Reporting cycle Annual Report – Corporate social responsibility and sustainability – section ‘Reporting standards’Annually
102-53Contact point  Cecilie Myrstad cecilie.myrstad@sbm.no
102-54Claims of reporting in accordance with the GRI Standards  GRI standard, level ‘Core’
102-55GRI content index Annual Report – Corporate social responsibility and sustainability – GRI index 
102-56External assurance The report has not been externally verified.Reporting in line with the Principles for Responsible Banking will be published in April. This will be reviewed by an independent party.

Specific disclosures

GRI-indicatorDescriptionSustainable Development Goals (SDGs)SBM's reportingComments/direct reporting
Responsible lending
103-1Explanation of the material topic and its BoundarySDG 8, 9, 12, 13, 14 and 17Annual Report – Corporate social responsibility and sustainibility - Material topics - Responsible lending 
103-2The management approach and its componentsSDG 8, 9, 12, 13, 14 and 17Annual Report – Corporate social responsibility and sustainibility - Material topics - Responsible lending 
103-3Evaluation of the management approachSDG 8, 9, 12, 13, 14 and 17Annual Report – Corporate social responsibility and sustainibility - Material topics - Responsible lending 
FS7The monetary value of products and services designed to deliver a specific social benefit for each business line by purpose.SDG 8, 9, 12, 13, 14 and 17Annual Report – Corporate social responsibility and sustainibility - Material topics - Responsible lending 
FS8The monetary value of products and services designed to deliver a specific environmental benefit for each business line by purpose.SDG 8, 9, 12, 13, 14 and 17 Sparebanken Møre does not currently have products with environmental criteria, but these will come in 2021
Preventing financial crime and corruption
103-1Explanation of the material topic and its BoundarySDG 4, 8, 16, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Preventing financial crime and corruption 
103-2The management approach and its componentsSDG 4, 8, 16, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Preventing financial crime and corruption 
103-3Evaluation of the management approachSDG 4, 8, 16, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Preventing financial crime and corruption 
205-2Communication and training in guidelines and procedures for anti-corruption.SDG 4, 8, 16, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Preventing financial crime and corruption 
205-3Confirmed corruption incidents and actionsSDG 4, 8, 16, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Preventing financial crime and corruption 
Requirements for supplier
103-1Explanation of the material topic and its BoundarySDG 8, 9, 12, 13Annual Report – Corporate social responsibility and sustainibility - Material topics – Requirements for supplier 
103-2The management approach and its componentsSDG 8, 9, 12, 13Annual Report – Corporate social responsibility and sustainibility - Material topics – Requirements for supplier 
103-3Evaluation of the management approachSDG 8, 9, 12, 13Annual Report – Corporate social responsibility and sustainibility - Material topics – Requirements for supplier 
308-1New suppliers that are screened with the aid of environmental criteriaSDG 8, 9, 12, 13Annual Report – Corporate social responsibility and sustainibility - Material topics – Requirements for supplierTwo new fund providers, Storebrand Asset Management and SKAGEN.
Expertise and restructure
103-1Explanation of the material topic and its BoundarySDG 4Annual Report – Corporate social responsibility and sustainibility - Material topics – Expertise and restructure 
103-2The management approach and its componentsSDG 4Annual Report – Corporate social responsibility and sustainibility - Material topics – Expertise and restructure 
103-3Evaluation of the management approachSDG 4Annual Report – Corporate social responsibility and sustainibility - Material topics – Expertise and restructure 
402-1Minimum period of notice regarding operational changesSDG 4Annual Report – Corporate social responsibility and sustainibility - Material topics – Expertise and restructureComplies with applicable legislation
404-1Average hours of training per year per employeeSDG 4Annual Report – Corporate social responsibility and sustainibility - Material topics – Expertise and restructure 
404-2Programmes for upgrading employees’ skills and transition programmesSDG 4Annual Report – Corporate social responsibility and sustainibility - Material topics – Expertise and restructure 
404-3Proportion of employees receiving regular performance and career development reviewsSDG 4Annual Report – Corporate social responsibility and sustainibility - Material topics – Expertise and restructure 
Equality and diversity
103-1Explanation of the material topic and its BoundarySDG 1, 3, 5, 8, 10Annual Report – Corporate social responsibility and sustainibility - Material topics – Equality and diversity 
103-2The management approach and its componentsSDG 1, 3, 5, 8, 10Annual Report – Corporate social responsibility and sustainibility - Material topics – Equality and diversity 
103-3Evaluation of the management approachSDG 1, 3, 5, 8, 10Annual Report – Corporate social responsibility and sustainibility - Material topics – Equality and diversity 
405-1Diversity of governing bodies and employeesSDG 1, 3, 5, 8, 10Annual Report – Corporate social responsibility and sustainibility - Material topics – Equality and diversity 
405-2Ratio between basic pay and remuneration for women to menSDG 1, 3, 5, 8, 10Annual Report – Corporate social responsibility and sustainibility - Material topics – Equality and diversity 
406-1Incidents of discrimination and corrective actionsSDG 1, 3, 5, 8, 10Annual Report – Corporate social responsibility and sustainibility - Material topics – Equality and diversity 
Contribution to business development
103-1Explanation of the material topic and its BoundarySDG 8, 9, 13, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Contribution to business development 
103-2The management approach and its componentsSDG 8, 9, 13, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Contribution to business development 
103-3Evaluation of the management approachSDG 8, 9, 13, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Contribution to business development 
SBM-N1Number of participants in the NæringsTEFT programmeSDG 8, 9, 13, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Contribution to business development 
SBM-N2Number of loans for entrepreneurs as a result of the Growth Guarantee Scheme and the available budget.SDG 8, 9, 13, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Contribution to business development 
Supporter of the local community
103-1Explanation of the material topic and its BoundarySDG 3, 4, 5, 6, 9, 11, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Supporter of the local community 
103-2The management approach and its componentsSDG 3, 4, 5, 6, 9, 11, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Supporter of the local community 
103-3Evaluation of the management approachSDG 3, 4, 5, 6, 9, 11, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Supporter of the local community 
413-1Operations with local community engagement, impact analyses and development programmesSDG 3, 4, 5, 6, 9, 11, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Supporter of the local community 
SBM-L1Support for my five projects that contribute to a specific sustainability issueSDG 3, 4, 5, 6, 9, 11, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Supporter of the local community 
SBM-L2Number of applications for dividend funds for local communitiesSDG 3, 4, 5, 6, 9, 11, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Supporter of the local community 
SBM-L3The number of advisers in personal finances and the number of pupils who have participated in the programmes.SDG 3, 4, 5, 6, 9, 11, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Supporter of the local community 
Climate and environment
103-1Explanation of the material topic and its BoundarySDG 12, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Climate and environment 
103-2The management approach and its componentsSDG 12, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Climate and environment 
103-3Evaluation of the management approachSDG 12, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Climate and environment 
305-1Direct (Scope 1) GHG emissionsSDG 12, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Climate and environment – Appendix ‘Carbon Accouting Report’ 
305-2Indirect energy (Scope 2) GHG emissions.SDG 12, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Climate and environment – Appendix ‘Carbon Accouting Report’ 
305-3Other indirect (Scope 3) GHG emissions.SDG 12, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Climate and environment – Appendix ‘Carbon Accouting Report’ 
305-4GHG emission intensity – measured in relation to number of employeesSDG 12, 13, 14, 17Annual Report – Appendix ‘Carbon Accouting Report’ 
305-5Reduction of GHG emissions.SDG 12, 13, 14, 17Annual Report – Corporate social responsibility and sustainibility - Material topics – Climate and environment – Appendix ‘Carbon Accouting Report’ 
307-1Non-compliance with environmental laws and regulationsSDG 12, 13, 14, 17 No reported cases of violations of environmental laws and regulations.
Open and ethical business
103-1Explanation of the material topic and its BoundarySDG 4, 16Annual Report – Corporate social responsibility and sustainibility - Material topics – Open and ethical business 
103-2The management approach and its componentsSDG 4, 16Annual Report – Corporate social responsibility and sustainibility - Material topics – Open and ethical business 
103-3Evaluation of the management approachSDG 4, 16Annual Report – Corporate social responsibility and sustainibility - Material topics – Open and ethical business 
417-2Incidents of non-compliance regarding information about products and services and marking.SDG 4, 16 No reported cases of violations as a result of marking requirements.
417-3Incidents of non-compliance with marketing communications.SDG 4, 16 No reported cases of violations as a result of marketing.
418-1Explained complaints regarding breaches of privacy and loss of customer dataSDG 4, 16 No violations that have resulted in consequences for the Bank.
Financial results
103-1Explanation of the material topic and its BoundarySDG 8 and 9Annual Report – Corporate social responsibility and sustainibility - Material topics – ‘Financial results’ and ‘Supporter of the local community’ - Annual Report – Board of Directors' Report 2020 – sections ‘Strategy and goals’, ‘Equity and dividends’ 
103-2The management approach and its componentsSDG 8 and 9Annual Report – Board of Directors' Report 2020 – Risk and capital management 
103-3Evaluation of the management approachSDG 8 and 9Annual Report – Board of Directors' Report 2020 – Risk and capital management – sections ‘Internal control in connection with the financial reporting process’, ‘Internal control reporting’ and ‘Internal auditing’ 
201-1Direct financial value generated and distributedSDG 8 and 9Annual Report – Key figures group - Annual Report – Profit 
203-1Investments in infrastructure and other servicesSDG 8 and 9Annual Report – Corporate social responsibility and sustainibility –Material topics – ‘Supporter of the local community’ and ‘Contribution to business development’ - Annual Report – Board of Directors' Report 2020 – ‘Business areas’ and ‘Research and development’ 
Employees
401-1New hires and employee turnover.SDG 5 and 10Annual Report – Corporate social responsibility and sustainibility – Material topics – Equality and diversity 
401-2Benefits given to full-time employees not given to temporary or part-time employeesSDG 5 and 10Annual Report – Corporate social responsibility and sustainibility – Material topics – Equality and diversity 
401-3Parental leaveSDG 5 and 10Annual Report – Corporate social responsibility and sustainibility – Material topics – Equality and diversity