SpareBank 1 Østlandet

Unverified
XFID Unique Identifier for SpareBank 1 Østlandet: XOM2FLHTNM
Country
XX
Sector
Banks<br/>Corporates
Website
www.spglobal.com
2 Second Party Opinions
2 Final Termss
2 Frameworks
XFID Type Title Year Source Retrieved
XF-6HACC4N-Y Second Party Opinion SpareBank 1 Østlandet (Methodology of Shades of Green, formerly part of CICERO) 2021 www.spglobal.com 25 Feb 2026
XF-95VO68Y-7 Final Terms 332210 2024 www.bourse.lu 21 Feb 2026
XF-AXTN8J4-S Framework SpareBank1Ostlandet Green Bond Framework vF 2021 →2024 www.sparebank1.no 21 Feb 2026
XF-AYOAGXI-R Framework SpareBank1Ostlandet Green Bond Framework2024 endeligv1 2024 ↑2021 www.sparebank1.no 21 Feb 2026
XF-BDKT82O-Y Final Terms 356613 2021 www.bourse.lu 21 Feb 2026
XF-WH4HVF3-F Second Party Opinion S E C O N D P A R T Y O P I N I O N ( S P O ) 2024 www.sparebank1.no 21 Feb 2026

Press Coverage (1)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 6 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
SpareBank 1 Østlandet, Norway Green Bond Framework 2024
Issuer sector/industry classification
Financial & Insurance Activities Green Bond Framework 2024
Issuer type
Savings Bank Green Bond Framework 2024
Total adjusted assets
NOK 194 billion Green Bond Framework 2024
Number of employees
1,149 employees Green Bond Framework 2024
Number of banking customers
Approximately 365,000 banking customers Green Bond Framework 2024
Number of bank branches
37 bank branches Green Bond Framework 2024
Geographic coverage
Innlandet, Viken and Oslo counties Green Bond Framework 2024
Ownership stake in SpareBank 1 Gruppen AS
12.4% Green Bond Framework 2024
Year established
1845 Second Party Opinion 2021
SpareBank 1 Alliance membership
One of 14 independent savings banks in the SpareBank 1 alliance Second Party Opinion 2021

Green / Sustainable Finance Framework

Sustainable bond framework name and version
SpareBank 1 Østlandet Green Bond Framework Second Party Opinion 2024
Bond types covered under framework
Green Bonds Second Party Opinion 2024
Framework publication date and update history
February 2024 (updated from February 2021) Green Bond Framework 2024
Refinanced vs. newly financed project distinction
Refinancing expected; two-thirds of proceeds directed towards green building category Second Party Opinion 2021

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Institutional Shareholder Services (ISS), 27 February 2024 Second Party Opinion 2024
SPO assessment scope and methodology
Pre-issuance verification of Green Bond Framework alignment with GBP, GLP, and EU Taxonomy Second Party Opinion 2024
Pre-issuance or post-issuance verification type
Pre-issuance verification Second Party Opinion 2024
SPO validity period
Valid as long as the cited Framework remains unchanged Second Party Opinion 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Green Bond Principles (GBP), as administered by ICMA (June 2021 with June 2022 Appendix 1) Second Party Opinion 2024
Alignment with EU Taxonomy for sustainable activities
EU Taxonomy Climate Delegated Act (June 2023) Second Party Opinion 2024
Alignment with Green Loan Principles
Green Loan Principles (GLP) as administered by LMA (February 2023) Second Party Opinion 2024

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Together We Create with ambition 'Sustainability in Everything We Do' Green Bond Framework 2024
Corporate purpose statement relating to sustainability
Corporate Social Responsibility and Sustainability is paramount; strong focus on how business affects people, environment and community Green Bond Framework 2024
ESG strategy focus areas
Proficiency, Accessibility, and Dedication with environmental and community commitment Green Bond Framework 2024

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name and version
2021 Green Bond Framework 2021
2024 SpareBank 1 Østlandet's Green Bond Framework, version as of February 23, 2024
Bond types covered under framework
2021 Green bonds
2024 Green Finance Instruments – Bonds, Loans and Deposits
Second Party Opinion (SPO) provider name and assessment date
2021 CICERO Green, February 12, 2021
2024 Institutional Shareholder Services (ISS), February 27, 2024
Alignment with EU Taxonomy for sustainable activities
2021 Aligned with EU Taxonomy mitigation criteria and Do-No-Significant Harm criteria
2024 EU Taxonomy Climate Delegated Act (as of June 2023)

Document Updates

What changed between successive versions of documents.

2021 2024

The 2024 version of SpareBank 1 Østlandet's Green Bond Framework introduces several substantive updates to the bank's sustainability commitments. Most notably, the framework now explicitly includes a specific climate target for a zero-emission society by 2050 aligned with planetary boundaries, and updates the bank's historical timeline from 175 years to 180 years. Minor grammatical improvements clarify the bank's commitment language, shifting from "strive" to "strives" and adding punctuation consistency. These changes reflect a maturation of the bank's sustainability strategy with more explicit climate goals and updated organizational narrative.

  • added Climate Target — New explicit climate target added: contribution to a sustainable zero-emission society within planetary boundaries by 2050
  • modified Standards Alignment — Historical organizational narrative updated from 'nearly 175 years' to 'nearly 180 years' reflecting elapsed time
  • modified Standards Alignment — Grammatical clarity improved: 'strive' updated to 'strives' for consistency with present tense usage