Sustainable Finance
Arion emphasizes sustainable product offerings and provides green housing loans, car loans, business loans, deposits, and funds, among other things.
Arion emphasizes sustainable product offerings and provides green housing loans, car loans, business loans, deposits, and funds, among other things.
We recognize that the greatest environmental and climate impact associated with banks arises through lending and investment activities, and we take that responsibility seriously.
We are proud of our journey and the strong emphasis on environmental and climate matters that is clearly reflected in the bank’s service offering and product portfolio.
Green Growth is designed for individuals, non‑profit organizations, and companies that want to contribute to a more environmentally friendly future, with deposits used to finance green projects.
With our green mortgage loans, we support sustainability and encourage environmentally friendly construction. If the residential property has certified Swan Ecolabel, BREEAM, or LEED Gold certification, we offer a 100% discount on loan origination fees.
Electric vehicles play an important role in the transition to clean energy and more environmentally friendly transportation. We offer discounts on loan origination fees and interest rates when financing environmentally friendly vehicles.
Stefnir, a subsidiary of Arion Bank, offers funds that work towards green solutions with social responsibility as a guiding principle.
In cooperation with the European Investment Fund (EIF), we offer companies that meet certain criteria loans on more favorable terms or with reduced collateral requirements.These loans are intended to support young and growing companies, as well as the development of new technologies and processes within established businesses. They also promote investments in the energy transition, sustainability, and the circular economy.
Women Invest is a long‑term initiative aimed at empowering women to participate more actively in investing and to strengthen financial literacy. To support this, measurable three‑year goals have been set, focusing on encouragement, financial education, and increasing the participation of women in investment activities.
We have issued sustainability policies related to the bank's lending in various industries and in the Arctic region. When developing sustainability policies, we seek input from stakeholders and consider plans and actions related to environmental, social, and governance factors within relevant industries. These policies also include encouragement for companies and examples of possible actions to create positive impact.
We emphasize that our customers demonstrate responsibility throughout their entire value chain, utilize environmentally friendly technology and equipment whenever possible, and establish goals and action plans in accordance with Iceland's commitments to greenhouse gas emission reduction agreements.