Sparebanken VestSparebanken Vest - ESG Rating & Company Profile powered by AI

Industry Group:Banks

The SDG assessment for Sparebanken Vest indicates the company's transparency towards the UN SDGs. Check the end of the webpage for potential risks for Sparebanken Vest based on sector, location and size. Complete ESG analysis of Sparebanken Vest can be reached by logging in.

Sparebanken Vest in the Banks industry gained a UN SDG ESG Transparency Score of 7.0; made up of an environmental score of 8.0, social score of 6.0 and governance score of 7.0.

SDG Transparency Score for Sparebanken Vest 
Low
0 - 3
Medium
4 - 6

7.0

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Sparebanken Vest 
8.0

Environmental

6.0

Social

7.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Landesbank Baden Wuerttemberg
9.5
High
1UniCredit Bank Austria AG
9.5
High
459Shinhan Financial Group Co Ltd
7.1
High
459IPOTEKA BANK
7.1
High
477Sparebanken Vest
7.0
High
477BKS Bank AG
7.0
High
477Bank Pembangunan Daerah Jawa Timur Tbk PT
7.0
High
.........
2219sakartvelos bank'i ss
0.0
Low
2219AlphaCredit Capital, S.A. de C.V.
0.0
Low
.........
View the full peer group of 2920 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Sparebanken Vest have an accelerator or VC vehicle to help deliver innovation?

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Does Sparebanken Vest disclose current and historical energy intensity?

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Does Sparebanken Vest report the average age of the workforce?

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Does Sparebanken Vest reference operational or capital allocation in relation to climate change?

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Does Sparebanken Vest disclose its ethnicity pay gap?

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Does Sparebanken Vest disclose cybersecurity risks?

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Does Sparebanken Vest offer flexible work?

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Does Sparebanken Vest have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Sparebanken Vest disclose the number of employees in R&D functions?

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Does Sparebanken Vest conduct supply chain audits?

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Does Sparebanken Vest disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Sparebanken Vest conduct 360 degree staff reviews?

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Does Sparebanken Vest disclose the individual responsible for D&I?

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Does Sparebanken Vest disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Sparebanken Vest disclose current and / or historical scope 2 emissions?

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Does Sparebanken Vest disclose water use targets?

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Does Sparebanken Vest have careers partnerships with academic institutions?

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Did Sparebanken Vest have a product recall in the last two years?

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Does Sparebanken Vest disclose incidents of discrimination?

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Does Sparebanken Vest allow for Work Councils/Collective Agreements to be formed?

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Has Sparebanken Vest issued a profit warning in the past 24 months?

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Does Sparebanken Vest disclose parental leave metrics?

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Does Sparebanken Vest disclose climate scenario or pathway analysis?

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Does Sparebanken Vest disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Sparebanken Vest disclose the pay ratio of women to men?

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Does Sparebanken Vest support suppliers with sustainability related research and development?

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Does Sparebanken Vest disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Sparebanken Vest reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Sparebanken Vest involved in embryonic stem cell research?

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Does Sparebanken Vest disclose GHG and Air Emissions intensity?

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Does Sparebanken Vest disclose its waste policy?

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Does Sparebanken Vest report according to TCFD requirements?

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Does Sparebanken Vest disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Sparebanken Vest disclose energy use targets?

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Does Sparebanken Vest disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Sparebanken Vest have a policy relating to cyber security?

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Potential Risks for Sparebanken Vest
These potential risks are based on the size, segment and geographies of the company.

Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. It operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. The company is also involved in the estate agency and home mortgage activities. As of December 31, 2020, it had 33 points of sale outlets. The company was founded in 1823 and is headquartered in Bergen, Norway.

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