The Bank of Åland’s sustainability strategy
Our sustainability strategy has four areas of responsibility
Our ambition is to obtain a basic knowledge of the operations of the companies we invest in and, above all, to thoroughly examine the sustainability of these business operations.
Our main task shall be to finance housing for private individuals and to support our customers' savings and investment activities.
We work actively with social sustainability, which is about inclusion, equal worth, sound values and a deep involvement in the community as a company.
Our ambition is to raise awareness of our carbon dioxide emissions and to continuously reduce them.
Supporting environmental projects has been a part of the Bank of Åland’s activities since 1997.
At the Bank of Åland, we want to set an example to other actors around the Baltic Sea and remind people that everybody can do their share to help the situation. Supporting environmental projects has been a part of the Bank of Åland’s activities since 1997. To date we have supported environmental work with €4.4 million.
The Baltic Sea Project – Together we make a differenceRead more
Åland Index is the world’s leading climate impact index live in 20 countries.
Åland Index is the first ever Independently Assured CO₂e and H₂O Impact Index by EY.
With Åland Index, financial service providers can deliver personalized, impact data-driven services to their customers, responding to a new era of shared responsibility between the user and the provider.Read more about Åland Index
Åland Index is robust, up to date and continuously expanded with additional impact sources and financial data sets.
The Åland Index works like this
The Baltic Sea Card is connected to the Åland Index.
The Åland Index estimates the environmental impact of your card purchases based on the category of the industry.
You can see an estimate of your individual carbon footprint monthly at the online bank and at the mobile bank.
Based on your carbon footprint, you can give back to nature by changing your behaviour or funding local or international environmental initiatives.
The Baltic Sea Project & The Baltic Sea CardRead more
Nordic asset management with global coverage
We strive to have a basic understanding of the business of the companies in which we invest and, in particular, the sustainability of the company's operations is carefully scrutinised. Our management approach is active and all management is conducted in a responsible manner.
Sustainability issues are an integral part of the Bank of Åland's regular operational management, with the Board of Directors, Executive Team and other employees all assuming clear roles.
Read more about sustainability governance
Code of Conduct
The Bank of Åland's Code of Conduct explains our way of working and how we manage our business and relationships in order to help us act responsibly.
Read more about code of conduct
The purpose of our materiality analysis is to identify areas for sustainable development in both the short and long term.
Read more about materiality analysis
Like many other players in our industry, we are working to increase our understanding of what impact our operations have on the climate and the environment, including water, biodiversity and ecosystems.
Read more about climate work
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