First comp­any to recei­ve Lands­bank­inn’s Sustaina­ble Fin­anc­ing Label

UR Seafood (Útgerðarfélag Reykjavíkur hf.) is the first company to receive Landsbankinn’s Sustainable Financing Label. The company receives the label for its MSC certified sustainable seafood.
Runólfur V. Guðmundsson og Árni Þór Þorbjörnsson
15 July 2021

Companies applying for loans at Landsbankinn can now request to be issued the Bank’s Sustainable Financing Label. To receive this label, the financed project must meet the sustainability criteria of the Bank’s Sustainable Finance Framework and fall into one of the project categories in the framework. Projects which fall under the scope of the framework include switching public transport to renewable energy, renewable energy production, certified sustainable fisheries, eco-friendly buildings and social development projects.

Árni Thór Thorbjörnsson, Managing Director of Landsbankinn Corporate Banking:

“The Sustainable Financing Label lets our customers show that they have consideration for the environment and society in their operation. UR Seafood has long worked towards sustainability in its operation, and successfully so. We are pleased to issue UR Seafood the Bank’s Sustainable Financing Label for MSC certified sustainable seafood. The aim of our Sustainable Financing Label is to support customers on their sustainability journey, which is profitable for business in the long term. We at Landsbankinn are no less eager to do our bit for the climate and can be most effective through our lending and investment activity.”

Runólfur V. Guðmundsson, CEO of UR Seafood:

“We at UR Seafood are extremely proud to have achieved Landsbankinn’s Sustainable Financing Label for our funding. This achievement is even more meaningful in light of the mutual respect and trust that has characterised our business with the Bank throughout the years and encourages us to continue working towards meaningful goals.”

More about sustainable finance

You may also be interested in
15 July 2021

Named best bank in Iceland by Euromoney, third year in a row 

The international financial magazine Euromoney has named Landsbankinn the best bank in Iceland for the third year running. Euromoney points to Landsbankinn’s efficiency and profitability, and its lead in the mortgage lending market.  
New temp image
8 July 2021

Landsbankinn alters fixed interest

Fixed interest on new, non-indexed housing loans will increase by 0.10 - 0.15 percentage points as of Thursday the 8th of July.
New temp image
8 July 2021

The CBI's largest purchase of foreign currency since February 2017

The Icelandic króna strengthened against the Euro in June, but weakened against the US dollar. Out of 18 trading days in June, CBI intervened in the market six days, buying euros.
New temp image
5 July 2021

Icelandic Economic Weekly: 5 July 2021

Last week the CBI released the statements of the Financial Supervision Committee and the Financial Stability Committee.
30 June 2021

Beware of internet fraud and false messages

The summer months usually see an increase in attempted internet fraud. Scammers may be hoping that people on vacation are more likely to thoughtlessly click on links or fail to read text messages or e-mails carefully before responding to them.
New temp image
28 June 2021

Icelandic Economic Weekly: 28 June 2021

Íslandsbanki commenced trading on Nasdaq Iceland last week. Icelandair Group and Bain Capital reached a binding agreement whereby Bain Capital will buy new shares in Icelandair Group.
New temp image
25 June 2021

Árborg issues initial sustainability bond

In June, the municipality of Árborg issued the first sustainability bond in Iceland, where the proceeds are intended to finance green or socially beneficial projects.
New temp image
24 June 2021

Reminder: Beware smishing attacks

We reiterate our warning against smishing attempts sent in Landsbankinn’s name.
New temp image
21 June 2021

Icelandic Economic Weekly: 21 June 2021

Íslandsbanki concluded its IPO last week. Statistics Iceland published Tourism Satellite Accounts for 2020. The housing price index for the capital region increased by 1.6% MoM in May, bringing the YoY increase to 14.6%.
New temp image
16 June 2021

Landsbankinn in Ísafjörður moves to Hafnarstræti 19

Landsbankinn’s branch in Ísafjörður will open out of new premises in Hafnarstræti 19 on Friday, 18 June. The new facilities are better suited to the Bank’s operation and provides better access for customers and employees.
Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies