Sustainability at NOBA
As a bank, NOBA affects the economy of millions of households. We are heavily dependent on the trust of both customers, authorities and investors to ensure long-term financial stability in our own operations as well as in society at large.
As part of the business model, NOBA wants to ensure that we integrate sustainability into all aspects of our operations, including in our strategy to create value for all stakeholders. The Group’s overall goal is to contribute to increased financial health for more people through responsible lending to our customers.
Sustainability at NOBA
As a public company and one of Europe’s leading specialist banks, transparency and accountability around how we conduct our business are not only an expectation—they are a prerequisite for earning and maintaining the trust of the market, our customers and other stakeholders.
NOBA wants to ensure that we integrate sustainability into all aspects of our operations, including in our strategy to create value for all stakeholders. The Group’s overall goal is to contribute to increased financial health for more people through responsible lending to our customers.
NOBA published the first fully CSRD-aligned sustainability statement this year.
“We are guided by our conviction that materiality and resilience are fundamental to sustainability efforts that are both credible and a truly integrated part our business.”
- Jacob Lundblad, CEO
ISS ESG Corporate Rating
On October 29 2024, NOBA received a C- grade from the rating agency ISS ESG in its assessment of the bank's sustainability efforts. This rating positions NOBA in the top tier among Nordic and European specialist banks, highlighting that our high ambitions in sustainability are recognized externally.
Follow NOBA’s Sustainability journey
2024
- Became a signatory of UN Principles of Responsible Banking and a member of UN Environmental Programme Finance Initiative
- NOBA received a C- grade from the rating agency ISS ESG Corporate on October 29
2023
- Launched green loans at Nordax and Svensk Hypotekspension
- The first Healthonomics report was published
- Took the first step with the Sustainability Report to write it in align to the European Sustainability Reporting Standards (ESRS) of the Corporate Sustainability Reporting Directive (CSRD)
- Conducted its first double materiality assessment (DMA)
2022
- Published a standalone sustainability report covering the whole NOBA Group
- Started to report according to the EU Taxonomy
2021
- The first Relationship report was published
2018
- NOBA, through its subsidiary Bank Norwegian, publishes a standalone
sustainability report
2016
- NOBA became a signatory of the UN Global Compact
2015
- NOBA started to report on financial health, employee relations, and corporate governance
Sustainability focus areas
Contact us
Comments or suggestions regarding NOBA’s sustainability work and ambitions, send an email to Head of Communication and ESG: Oliver Hofmann, oliver.hofmann@noba.bank