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2023-03-17 00:00:00
Briefing: The role of financial institutions in decarbonising the steel sector
2023-03-09 00:00:00
Dutch bank ING supports controversial pipeline to import gas from authoritarian Azerbaijan
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2023-03-28 13:43:00
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2023-03-14 14:59:00
New ING policy could spark bank shift away from financing oil and gas infrastructure
2023-02-24 13:46:14
Pego power station conversion plans halted
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2022-11-17 00:00:00
BankTrack Global Human Rights Benchmark 2022
2022-10-21 00:00:00
Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance
2022-06-28 00:00:00
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2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
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Banking on Climate Chaos 2022
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Home › Banks ›
Bank
SpareBank 1 SR-BankNorway

Active

This profile is actively maintained
Last update: 2022-11-07 00:00:00
Offices Sparebank 1 SR-Bank in Stavanger, Norway. Photo: Kjersti Lie via Wikimedia Commons (CC-BY-SA-4.0)

Active

This profile is actively maintained
Last update: 2022-11-07 00:00:00
About
Website https://www.sparebank1.no/en/sr-bank/personal.html
Headquarters
Christen Tranesgate 35
4007 Stavanger
Norway
CEO/chair Benedicte Schilbred Fasmer
CEO
Supervisor
Financial Supervisory Authority of Norway
Ownership
listed on Oslo Stock Exchange

SpareBank 1 SR-Bank's shareholder structure can be accessed here.

Subsidiaries
EiendomsMegler 1 – Norway
Finstart Nordic – Norway
Monner – Norway
SpareBank 1 Regnskapshuset SR – Norway
SR-Boligkreditt – Norway
SR-Forvaltning AS – Norway

SpareBank 1 SR-Bank, member of the SpareBank 1 Alliance, is a financial service group offering traditional banking services. Its main focus areas are the retail market, the corporate market and the public sector market. The bank is Norway's fifth largest bank measured by total assets and total lending and is the largest bank in the SpareBank 1 Alliance. SpareBank 1 SR-Bank is present in Rogaland, Hordaland, the Agder countries, and Oslo. The Bank's head office is located in Stavanger.

Sustainability
Policies
Voluntary standards

Sparebank 1 SR-Bank's webpage on corporate social responsibility can be accessed page here.

2020-09-30 00:00:00

Baerekraft i SpareBank 1 SR-Bank

Bank policy
2020-09-30 00:00:00 | SpareBank 1 SR-Bank
2020-07-10 00:00:00

Sustainability policy

Bank policy
2020-07-10 00:00:00 | SpareBank 1 SR-Bank
2019-12-16 00:00:00

Code of Conduct

Date listed represents date as accessed on website
Bank policy
2019-12-16 00:00:00 | Sparebank 1 SR-Bank
2019-10-01 00:00:00

Sustainability guidelines: agriculture and nature

Bank policy
2019-10-01 00:00:00 | Sparebank 1 SR-Bank
2019-10-01 00:00:00

Overall sustainability guidelines: worker and human rights

Bank policy
2019-10-01 00:00:00 | Sparebank 1 SR-Bank
2019-09-12 00:00:00

Guidelines for sustainability in procurement

Bank policy
2019-09-12 00:00:00 | Sparebank 1 SR-Bank
2019-06-30 00:00:00

Guidelines for Responsible investments

Bank policy
2019-06-30 00:00:00 | Sparebank 1 SR-Bank
2019-01-28 00:00:00

Sustainability Strategy

Bank policy
2019-01-28 00:00:00 | Sparebank 1 SR-Bank
2018-08-29 00:00:00

Sustainability guidelines for the corporate market

Bank policy
2018-08-29 00:00:00 | Sparebank 1 SR-Bank
2017-11-30 00:00:00

Anti Money Laundering and Sanctions Policy

Bank policy
2017-11-30 00:00:00 | Sparebank 1 SR-Bank
SpareBank 1 SR-Bank has committed itself to the following voluntary standards:
Collective Commitment to Climate Action (CCCA)Tags: climate change | corporate social responsibility | United Nations
Global Reporting InitiativeTags: sustainable development | human rights
International Labour Organization Declaration on Fundamental Principles and Rights at WorkTags: worker rights | labour
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
OECD Guidelines for Multinational EnterprisesTags: human rights | corporate social responsibility | dams | OECD | consumer safety | corruption | cultural preservation | worker rights | supply chain | taxation | mining and processing
Partnership for Carbon Accounting Financials (PCAF)Tags: carbon | corporate social responsibility
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Responsible Ship Recycling Standards (RSRS)Tags: safety | shipping | waste management
UN Guiding Principles on Business and Human RightsTags: United Nations | human rights
UNESCO World Heritage ConventionTags: cultural preservation | nature conservation | United Nations
United Nations Convention on Biological DiversityTags: United Nations | biodiversity
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

SpareBank 1 SR-Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of SpareBank 1 SR-Bank's link to these deals.

News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Sustainability policies of the biggest banks active in Norway are assessed

2023-01-19 | Profundo
BankTrack news BankTrack blog Partner news Partner blog

Financing fossil fuel majors in line with net-zero strategy, say Nordic banks

BankTrack quoted
2022-12-12 | S&P Global
Blog
BankTrack news BankTrack blog Partner news Partner blog

Nordic banks increase finance for Arctic oil and gas, new report finds

Ten Nordic banks provided US$ 21.2 billion to the fossil fuel industry. DNB, SEB, Nordea and Danske Bank largest Nordic financiers.
2022-11-22 | Nijmegen, the Netherlands | BankTrack, Greenpeace, ActionAid Denmark, Fair Finance Guide Norway, Fair Finance Guide Sweden, Friends of the Earth Finland, Swedish Society for Nature Conservation
BankTrack news BankTrack blog Partner news Partner blog

Leading finance firms sign up to Mark Carney forum on low-carbon investment

2021-04-21 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

DNB, SEB and Nordea among biggest Scandinavian fossil fuel lenders

BankTrack quoted
2021-02-02 | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Scandinavian banks poured $67 billion into the fossil fuel industry since Paris

New report finds ongoing finance for coal, oil and gas companies, with little commitments to phase-out from fossil fuels
2021-02-01 | Nijmegen, Copenhagen, Oslo, Stockholm | BankTrack, ActionAid Denmark, Fair Finance Guide Norway, Fair Finance Guide Sweden, Oxfam IBIS
BankTrack news BankTrack blog Partner news Partner blog

SR-Bank has signed UN's Principles for Responsible Banking

2019-09-23 | Sparebank 1 SR-Bank
Resources
Documents
Links
2022-11-22 00:00:00

Banking on Thin Ice: Two years in the heat

Exposing Nordic bank finance for fossil fuels
BankTrack publication
2022-11-22 00:00:00 | BankTrack
2022-07-05 00:00:00

Annual report 2021

Annual report
2022-07-05 00:00:00 | SpareBank 1 SR-Bank
2022-07-04 00:00:00

CSR report 2021

Annual report
2022-07-04 00:00:00 | SpareBank 1 SR-Bank
2021-06-08 00:00:00

Annual report 2020

Annual report
2021-06-08 00:00:00 | SpareBank 1 SR-Bank
2021-04-05 00:00:00

CSR Report 2020

Annual report
2021-04-05 00:00:00 | SpareBank 1 SR-Bank
2021-02-01 00:00:00

Banking on Thin Ice

Exposing Scandinavian Bank Finance for Fossil Fuels
BankTrack publication
2021-02-01 00:00:00 | BankTrack, Fair Finance Guide Norway, Fair Finance Guide Sweden, Oxfam IBIS, ActionAid Denmark
2020-09-30 00:00:00

Baerekraft i SpareBank 1 SR-Bank

Bank policy
2020-09-30 00:00:00 | SpareBank 1 SR-Bank
2020-07-10 00:00:00

Sustainability policy

Bank policy
2020-07-10 00:00:00 | SpareBank 1 SR-Bank
2020-05-19 00:00:00

Annual report 2019

Annual report
2020-05-19 00:00:00 | SpareBank 1 SR-Bank
2020-03-05 00:00:00

CSR Report 2019

Annual report
2020-03-05 00:00:00 | SpareBank 1 SR/Bank
2019-12-16 00:00:00

Code of Conduct

Date listed represents date as accessed on website
Bank policy
2019-12-16 00:00:00 | Sparebank 1 SR-Bank
2019-10-01 00:00:00

Sustainability guidelines: agriculture and nature

Bank policy
2019-10-01 00:00:00 | Sparebank 1 SR-Bank
2019-10-01 00:00:00

Overall sustainability guidelines: worker and human rights

Bank policy
2019-10-01 00:00:00 | Sparebank 1 SR-Bank
2019-09-12 00:00:00

Guidelines for sustainability in procurement

Bank policy
2019-09-12 00:00:00 | Sparebank 1 SR-Bank
2019-06-30 00:00:00

Guidelines for Responsible investments

Bank policy
2019-06-30 00:00:00 | Sparebank 1 SR-Bank
2019-01-28 00:00:00

Sustainability Strategy

Bank policy
2019-01-28 00:00:00 | Sparebank 1 SR-Bank
2018-12-31 00:00:00

Annual Report 2018

Annual report
2018-12-31 00:00:00 | Sparebank 1 SR-Bank
2018-12-31 00:00:00

Sustainability Report 2018

Annual report
2018-12-31 00:00:00 | Sparebank 1 SR-Bank
2018-12-31 00:00:00

Carbon accounting report 2018

Bank document
2018-12-31 00:00:00 | Sparebank 1 SR-Bank
2018-08-29 00:00:00

Sustainability guidelines for the corporate market

Bank policy
2018-08-29 00:00:00 | Sparebank 1 SR-Bank
2017-11-30 00:00:00

Anti Money Laundering and Sanctions Policy

Bank policy
2017-11-30 00:00:00 | Sparebank 1 SR-Bank

Sustainability page

Accountability
Grievances

Stakeholders may raise complaints via the OECD National Contact Point Norway.

This page evaluates SpareBank 1 SR-Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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