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Sparebanken Narvik – ESG risk research and ESG rating

We at sustainAX have ESG risk researched and ESG risk rated Sparebanken Narvik and our clients can access the reseach on their Bloomberg terminals.

Sparebanken Narvik is in the materiality based sector of FINANCE.

Our ESG risk research of Sparebanken Narvik

Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Sparebanken Narvik 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 Sparebanken Narvik. We have published a 33 pages ESG research report on Sparebanken Narvik 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 Sparebanken Narvik.

More about our ESG risk research here:

AGGREGATED ESG RISK RATING* for Sparebanken Narvik:

40-60 of 100

Middle 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 Sparebanken Narvik 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 Sparebanken Narvik:
40-60 of 100 Middle risk
Social RISK RATING* and WEIGHT** for Sparebanken Narvik:
40-60 of 100 – Middle risk
Governance RISK RATING* and WEIGHT** for Sparebanken Narvik:
40-60 of 100 – Middle risk
What the company say about themselves:

We are a modern local bank with traditions dating back to 1901. We know the local environment and most of our customers. This makes us a close and good bank and a natural choice when it comes to banking and insurance. - Sparebanken Narvik is a shareholder in Eika Gruppen AS. The Eika Alliance consists of more than 50 local banks, Eika Gruppen and Eika Boligkreditt. Eika Alliansen has total assets under management of around NOK 450 billion and around 2,500 employees. This makes Eika Alliansen one of the largest players in the Norwegian banking market - and one of the most important players in and for Norwegian local communities. - As an alliance bank in Eika, the bank can offer a larger selection of products and services than as an independent bank. To achieve Sparebanken Narvik's vision, Eika Gruppen is a strategically important partner. - Sparebanken Narvik operates primarily in the regions of Narvik and Midt-Troms.

Are you interested in the ESG research and ESG rating?

If you are interested in the ESG risk research and ESG risk rating of Sparebanken Narvik, contact us at sustainAX!

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