The report is conducted in collaboration with the consulting firm CIRCULAR Solutions and examines the interaction of all these factors with the Bank's financial position in accordance with the Nasdaq ESG Guidelines, relevant GRI standards, UN Global Compact guidelines and its connection with the UN Sustainable Development Goals. The Bank furthermore goes further by disclosing more information, which specifically address activities related to financial institutions.

Climate change affects the Bank's operations, both in the value chain and in the Bank's investments. The Bank also directly and indirectly influences climate change through its operations and through the financial products it offers to customers.

When calculating the Bank's carbon footprint, all greenhouse gas (GHL) emissions for its operations were examined, whether direct emissions from its procedures or emissions from employees, suppliers, contractors or customers. Emissions are divided into scopes 1, 2 and 3 where scopes 1 are direct emissions from the Bank, i.e. from its work processes, emissions from the Bank's vehicles, etc. The binding of carbon by the Bank, such as in the forest and land reclamation, also belongs to Scope 1. Scope 2 contains its energy consumption, both heat and electricity. These items are managed especially as they can be very large, especially when there is no renewable energy source. Scope 3 is an indirect effect, such as employee travel, employee trips to and from work, trips of suppliers with products to the company, customer exhaust due to the company's services / goods, etc. The emissions are categorised in such a way that double counting does not affect society as a whole .

The Bank's impact on social factors is evident when it comes to the Bank's human resources and social impact due to its product offering. It is also important that the Bank places strong emphasis on exemplary governance and that digital security issues and processes are as optimal as possible. The Bank's objective is to understand these aspects thoroughly through its entire value chain and manage them to minimise risk in its operations.