Case study: How Nidaros Sparebank works with its clients and customers to encourage sustainable practices
Nidaros Sparebank is a banking institution that generates value for its customers, employees, and the local community, supporting customers through various life events, whether they are buying a home, starting a business, navigating changes, planning for the future, or ensuring the safety of themselves and their loved ones. Nidaros Sparebank is dedicated to aligning its business strategy with sustainable development objectives and facilitating the transition to a low-carbon, climate-resilient economy. Nidaros Sparebank is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Tweet This!
This case study is based on the 2025 Responsible Banking Statement by Nidaros Sparebank prepared in relation to its implementation of the PRB, that can be found at this link. Through all case studies we aim to demonstrate what ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.
Which Principles for Responsible Banking have been addressed?
The Principles for Responsible Banking addressed in this case are:
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- Principle 3: Clients and Customers
- Principle 4: Stakeholders
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With this case study you will see:
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- How Nidaros Sparebank proceeded with stakeholder identification and consultation, and
- How Nidaros Sparebank worked with its clients and customers to encourage sustainable practices and enable sustainable economic activities
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Stakeholder identification and consultation
Please describe which stakeholders (or groups/ types of stakeholders) you have identified, consulted, engaged, collaborated or partnered with for the purpose of implementing the Principles and improving your bank’s impacts. This should include a high-level overview of how your bank has identified relevant stakeholders, what issues were addressed/results achieved and how they fed into the action planning process.
Nidaros Sparebank engages with its primary stakeholders, including customers, investors, employees, regulators, and supervisors. Their input is crucial for understanding the significance of the impacts, risks, and opportunities associated with the sustainability issues identified by Nidaros Sparebank.
How did Nidaros Sparebank work with its clients and customers to encourage sustainable practices and enable sustainable economic activities?
In its 2025 Responsible Banking Statement Nidaros Sparebank reports that it works with its clients and customers to encourage sustainable practices and enable sustainable economic activities as follows:
Nidaros Sparebank is committed to working closely with its clients to promote sustainable practices and enable inclusive economic development. The bank acknowledges that its customers play a vital role in creating a more sustainable future.
UN Principles for Responsible Banking: Accelerating a positive global transition for people and the planet
With over 300 signatory banks representing almost half of the global banking industry, the Principles for Responsible Banking are the world’s foremost sustainable banking framework. Through these Principles, the banking community takes action to align core strategies, decision-making, lending and investment with the UN Sustainable Development Goals and international agreements such as the Paris Climate Agreement.
FBRH Principles for Responsible Banking (PRB) Assurance:
First class PRB assurance services: The result of solid, hands-on ESG/ Sustainability experience
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- FBRH is a GRI Certified Training Partner (Global), ISEP Training Centre and a member of CPD.
- FBRH builds trust. Over 200 reviews from top professionals from around the world demonstrate our ability to build strong, trusting business relationships.
- FBRH possesses a unique skill set that combines ESG/sustainability certified training, experience in advisory services and report preparation, and ESG/sustainability report assurance.
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The combination of all the above empowers FBRH to provide first class Principles for Responsible Banking (PRB) assurance services.
References:
This case study is based on published information by Nidaros Sparebank, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original please revert to the following link:
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