Íslandsbanki

Unverified
XFID Unique Identifier for Íslandsbanki: XO3SMBDYOE
Sector
Banks
Website
mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com
2 Second Party Opinions
1 Assurance Report
1 Framework
XFID Type Title Year Source Retrieved
XF-V7WSKVE-F Assurance Report Islandsbanki SPO 2023 2023 cdn.islandsbanki.is 31 Mar 2026
XF-H1PT5A2-V Framework Islandsbanki Sustainable Funding Framework 2024 2024 cdn.islandsbanki.is 31 Mar 2026
XF-52QUM1E-1 Second Party Opinion Íslandsbanki Sustainable Financing Framework Second-Party Opinion (2020) 2020 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-6VRYRCR-O Second Party Opinion Íslandsbanki Sustainable Funding Framework Second-Party Opinion (2024) 2024 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026

XF Company Profile

Extra-financial information found across 4 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Íslandsbanki, Iceland FRAMEWORK 2024 2024
Issuer sector/industry classification
Financial & Insurance Activities FRAMEWORK 2024 2024
Issuer type
Bank FRAMEWORK 2024 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Íslandsbanki Sustainable Funding Framework, 2024 FRAMEWORK 2024 2024
Bond types covered under framework
Green bonds, Social bonds, Sustainability bonds SPO 2024 2024
Framework publication date and update history
January 2024 FRAMEWORK 2024 2024
Project evaluation and selection process description
Íslandsbanki's Sustainability Committee evaluates and selects eligible loans, consisting of representatives from different business areas, risk management, and the Sustainability Manager. All potential loans undergo ESG risk assessment and standard credit process. SPO 2024 2024
Management of proceeds approach
Portfolio-based management by Finance Department, allocation within 18 months of issuance, tracked using sustainability register SPO 2024 2024
Temporary investment of unallocated proceeds
Unallocated proceeds invested in accordance with Íslandsbanki's internal liquidity reserve requirements SPO 2024 2024

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, 2024 SPO 2024 2024
SPO assessment scope and methodology
Use of proceeds, management of proceeds, reporting, project evaluation and selection process, ESG risk assessment SPO 2024 2024
SPO preliminary evaluation or credibility rating
Credible, impactful, and aligned with Sustainability Bond Guidelines 2021, Green Bond Principles 2021, and Social Bond Principles 2023 SPO 2024 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Green Bond Principles 2021 SPO 2024 2024
Alignment with UN Sustainable Development Goals
SDGs 4, 7, 8, 9, 11, 12, 14, 15 SPO 2024 2024
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Social Bond Principles 2023, Sustainability Bond Guidelines 2021 SPO 2024 2024

Corporate Strategy & Mission

Corporate mission and sustainability strategy
To create value for the future with excellent service, empower customers to succeed, run a solid business that is a force for good in society, and contribute to sustainable development supporting the Icelandic Government FRAMEWORK 2024 2024
Corporate purpose statement relating to sustainability
To be a positive force in society by moving Iceland forward, empowering customers to succeed, and contributing to sustainable development FRAMEWORK 2024 2024

ESG Framework & Governance

Internal ESG governance structure
Sustainability Committee consisting of representatives from different business areas, risk management, and Sustainability Manager; Finance Department for proceeds management SPO 2024 2024

Changes Over Time

Items where disclosed information changed across documents.

Bond types covered under framework
2020 Green bonds, Social bonds, Sustainability bonds
2024 Green loans and social loans
2024 Green bonds, Social bonds, Sustainability bonds
Alignment with ICMA Green Bond Principles
2020 Green Bond Principles 2018
2023 Aligned with Green Bond Principles 2021
Alignment with UN Sustainable Development Goals
2020 SDG 3, 4, 5, 6, 7, 8, 9, 11, 12, 14, 15
2023 SDGs 4, 7, 8, 9, 11, 12, 14, and 15
2024 Framework aligned with SDGs
2024 SDGs 4, 7, 8, 9, 11, 12, 14 and 15
Management of proceeds approach
2020 Portfolio basis allocation tracked via Sustainability Registry; unallocated proceeds held in liquidity portfolios
2023 Finance Department manages proceeds on portfolio basis using sustainability register; allocation within 18 months of issuance; unallocated proceeds invested in accordance with liquidity reserve requirements
2024 Finance Department manages proceeds on portfolio basis using sustainability register. Allocation intended within 18 months. Unallocated proceeds invested in liquidity reserve.
Temporary investment of unallocated proceeds
2020 Held and/or invested in liquidity portfolios at Bank's discretion
2023 Unallocated proceeds to be invested in accordance with Íslandsbanki's internal liquidity reserve requirements
Reporting commitments under framework
2020 Allocation reporting intended
2023 Íslandsbanki commits to reporting
Internal ESG governance structure
2020 Sustainability Steering Committee and Credit Committee
2023 Sustainability Committee with representatives from business areas, risk management, and Sustainability Manager; Sustainability Manager role; risk management involvement
2024 Íslandsbanki's Sustainability Committee with representatives from business areas, risk management and Sustainability Manager; Finance Department responsible for proceeds management
Sustainable bond framework name and version
2023 Íslandsbanki Sustainable Funding Framework
2024 Sustainable Funding Framework 2024
2024 Íslandsbanki Sustainable Funding Framework
Project evaluation and selection process description
2023 Íslandsbanki's Sustainability Committee responsible for evaluating and selecting eligible loans, consisting of representatives from different business areas, risk management and Sustainability Manager. All loans undergo ESG risk assessment and standard credit process.
2024 Íslandsbanki's Sustainability Committee evaluates and selects eligible loans. Committee consists of representatives from business areas, risk management and Sustainability Manager. All loans undergo ESG risk assessment and standard credit process.
SPO preliminary evaluation or credibility rating
2023 Credible, impactful and aligned with applicable principles
2024 Credible, impactful and aligned with sustainability guidelines