Strategic targets

Based on the bank’s goal of being a driving force behind sustainable development, SDGs 8, 9, 11, 12 and 17, and material topics, Sparebanken Møre has the following strategic goals for the strategy period:


Us:

  • We are actively working to reduce our greenhouse gas emissions (CO2) by at least 25 per cent in the period 2019 to 2025.
  • We will become climate-compensated by the end of 2022 in line with the UN’s Climate Neutral Now initiative.
  • We are actively striving for gender equality and diversity and have a long-term ambition of achieving at least 40 per cent of each gender at all levels.
  • Sustainability is an integral part of all innovation and development processes.
  • We emphasise openness and transparency in our communication. 


Customers and suppliers:

  • We offer our customers sustainable products and services.
  • Employees have the expertise to advise customers on sustainable options that contribute to restructuring and potential new business opportunities. 
  • An ESG assessment is conducted at least once a year for corporate customers with credit exposure above a threshold. The development must be measured annually. 
  • We will issue green bonds.
  • Our major suppliers will submit an ESG supplier statement every year. 


Society:

  • Sustainability is an important assessment criterion for the distribution of dividend funds for local communities.
  • Sustainability is included as a separate point in all sponsorship agreements. 
  • We take the initiative regarding, and support, good sustainability projects in Nordvestlandet.
  • We actively contribute to reducing financial crime, money laundering and corruption.


The strategic targets cover areas within the environment (Environmental), society (Social) and governing factors (Governance).