Emphasis on long-term thinking is our core company value and our policy is to have a long-term positive impact on the community. This entails that when decisions are made, the long-term effects are always taken into account, whether they concern internal matters of the bank, our customers or the community.

Kvika's CSR Policy ensures a common vision of the Group‘s emphases in social issues and sustainability, where we are heading and what our responsibilities are. To support this, Kvika has set up a committee on social responsibility and sustainability, which oversees and is responsible for the implementation of the CSR policy. The committee consists of representatives from the bank and its largest subsidiaries.

Kvika´s CSR policy is available here.

Kvika issued its first ESG report at the beginning of 2020 for the operating year 2019. Following that the bank decided to to undergo an ESG risk assessment conducted by an independent third party. The result of that assessment is that Kvika is well above average compared to other listed companies in Iceland.

Kvika has in the past year put great emphasis on shaping the ESG aspects of its operations with policies and procedures. The results of that work is reflected in the aforesaid risk assessment and Kvika's ESG report for the operating year 2020.