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Fana Sparebank – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Fana Sparebank and our clients can access the reseach on their Bloomberg terminals.
Fana Sparebank is in the materiality based sector of FINANCE.
Our ESG risk research of Fana Sparebank
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Fana Sparebank and combined this with fundamental understanding of ESG challenges and risks of different activities and for the FINANCE sector. This makes us well placed to estimate the ESG risks of Fana Sparebank. We have published a 33 pages ESG research report on Fana Sparebank with a conclusion highlighting the most important residual risks, a section suggesting how it should be integrated in investment decisions and a list of all the questions we think should be asked to Fana Sparebank.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Fana Sparebank:
60-80 of 100
Low risk
Where 100 is the lowest ESG risk and 0 is the highest risk.
*The ESG, E, S and G risk rating ranges indicate to what degree Fana Sparebank has addressed and mitigated their material ESG risks according to the sustainAX materiality matrix. sustainAX’ clients have access to the exact ESG risk rating.
**The weight in the aggregated ESG rating
Environmental RISK RATING* and WEIGHT** for Fana Sparebank:
60-80 of 100 – Low risk
27.64 %
Social RISK RATING* and WEIGHT** for Fana Sparebank:
60-80 of 100 – Low risk
30.71 %
Governance RISK RATING* and WEIGHT** for Fana Sparebank:
40-60 of 100 – Middle risk
41.63 %
About the company:
Fana Sparebank is an independent savings bank with long traditions and head office in Nesttun in Bergen. In addition, the bank has branch offices in Bergen city center and Os city center in Bjørnafjorden municipality. The group consists of Fana Sparebank, Fana Sparebank Eiendom and Fana Sparebank Boligkreditt, and the brands Himla Banktjenester and Himla Eiendomsmegling. The group is an active contributor to the financial city of Bergen, through participation in the establishment of Brage Finans and Norne Securities.
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