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Sparebank 1 Nordmore – ESG risk research and ESG rating

We at sustainAX have ESG risk researched and ESG risk rated Sparebank 1 Nordmore and our clients can access the reseach on their Bloomberg terminals.

Sparebank 1 Nordmore is in the materiality based sector of FINANCE.

Other name(s): Sparebank 1 Nordmre

sustainAX-ESG-E-S-and-G-risk-ratings
Our ESG risk research of Sparebank 1 Nordmore

Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Sparebank 1 Nordmore 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 Sparebank 1 Nordmore. We have published a 33 pages ESG research report on Sparebank 1 Nordmore 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 Sparebank 1 Nordmore.

More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/

AGGREGATED ESG RISK RATING* for Sparebank 1 Nordmore:

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 Sparebank 1 Nordmore 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 Sparebank 1 Nordmore:
60-80 of 100 Low risk
28%
Social RISK RATING* and WEIGHT** for Sparebank 1 Nordmore:
60-80 of 100 – Low risk
31%
Governance RISK RATING* and WEIGHT** for Sparebank 1 Nordmore:
60-80 of 100 – Low risk
42%
About the company:

SpareBank 1 Nordmre has its primary market area in Mre and Romsdal. The group is a total supplier of products and services within financing, leasing, savings and investment, insurance, payment processing, consultancy and accounting services. The group has offices in the municipalities of Surnadal, Smla, Heim, Aure, Avery, Kristiansund, Tingvoll, Hustadvika, Gjemnes, Molde, lesund and Trondheim. - 2022 was the first full year of operation for SpareBank 1 Nordmre, after the merger of SpareBank 1 Nordvest and Surnadal Sparebank in 2021. - After the acquisition of Trio Regnskapsservice in 2021, the bank had two accounting firms as subsidiaries. Through 2022, work has been carried out to merge these, and in December 2022 the merged SpareBank 1 konomipartner Nordmre was a reality. This has become a company with 80 employees and over 80 million in turnover.

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