Sustainability

At Arion Bank we are dedicated to working responsibly, in harmony with society and the environment. 

Sustainability - Annual Report 2017

Arion Bank’s policy

We want to act as a role model in responsible and profitable business practices, taking into account the environment, the economy and the society in which we live and work. We try to see things from our customers’ viewpoint and strive to do better today than we did yesterday.

We work in an attractive workplace where knowledge creates future value for the benefit of our customers, investors and society as a whole.

The diagram to the side shows the key stakeholders and main sustainability focuses

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Responsible and profitable
business practices

At Arion Bank we want to set an example as a company which employs sound and responsible business practices.

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Respecting the environment

We respect the environment and this is reflected in our operations, management and day-to-day activities.

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An attractive workplace

Our employees form a dedicated and united team. We endeavour to look after all our people and strive hard to create a stimulating and positive work environment.

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Convenient
banking

Our goal is to be the leading digital bank in Iceland and to offer our customers comprehensive financial
advice.

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Creative economy

We work with and for entrepreneurs and seed companies and support a creative economy.

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Supporting the community

We collaborate with numerous organizations and companies in the community and also support a wide range of charitable causes.

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Our commitments

  • Since 2014 Arion Bank has supported the UN Women/UN Global Compact Women’s Empowerment Principles.
  • In 2015 Arion Bank became the first Icelandic bank to be awarded equal pay certification by the union VR.
  • In November 2015 we signed the City of Reykjavík and Festa’s Declaration on Climate Change.
  • Arion Bank has been a signatory to the UN Global Compact, the UN's initiative to encourage businesses to adopt sustainable and socially responsible practices, since the end of 2016.
  • In late 2017 the Bank became a signatory to the United Nations Principles on Responsible Investment (UN PRI).
  • Arion Bank has been recognized by the Center for Corporate Governance as a company which has achieved excellence in corporate governance.