Emphasis on transparent disclosure
Landsbankinn’s sustainability accounting for the year 2024 provides information about sustainability at the Bank. The accounts were for the first time prepared having regard for the Corporate Sustainability Reporting Directive (CSRD) and the guidelines of the European Sustainability Reporting Standards (ESRS).

The CSRD has been implemented within the European Union and will be adopted in member states of the European Economic Area (EEA). In light of this, the Bank decided to discontinue basing its sustainability reporting on the Global Reporting Initiative (GRI) guidelines and instead adopt the ESRS, as required by the CSRD. This means that the Bank will be well placed to meet the requirements of the directive when it is implemented in Iceland.
The Annual & Sustainability Report functions as a Communication of Progress report to the UN Global Compact. We will continue to support the Global Compact and adhere to its guidelines. We also submit a Communication of Progress report to the UN Global Compact through their web portal.
Sustainability accounts and accompanying documents
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