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Sormlands Sparbank – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Sormlands Sparbank and our clients can access the reseach on their Bloomberg terminals.
Sormlands Sparbank is in the materiality based sector of FINANCE.
Other name(s): Srmlands Sparbank
Our ESG risk research of Sormlands Sparbank
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Sormlands Sparbank 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 Sormlands Sparbank. We have published a 33 pages ESG research report on Sormlands Sparbank 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 Sormlands Sparbank.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Sormlands Sparbank:
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 Sormlands Sparbank 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 Sormlands Sparbank:
40-60 of 100 – Middle risk
28%
Social RISK RATING* and WEIGHT** for Sormlands Sparbank:
40-60 of 100 – Middle risk
31%
Governance RISK RATING* and WEIGHT** for Sormlands Sparbank:
60-80 of 100 – Low risk
41%
What the company say about themselves:
Nykping Sparbank was established in 1832. The bank has operations in five municipalities: Flen, Katrineholm, Nykping, Oxelsund and Vingker. In February 2004, we changed our name to Srmlands Sparbank. At the 2021 annual general meeting, the savings bank's principals voted unanimously to transform the savings bank into a savings bank joint-stock company with a savings bank foundation as owner. In 2022, Srmlands Sparbank implemented the conversion to Srmlands Sparbank AB publ.
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