Unveiling efficient organizational models for CSR and sustainability: SpareBank 1 SR-Bank

ESG
Q+
19/10/2023 Interview
profile picture of Guro Elgheim Sivertsen

Guro Elgheim Sivertsen

SpareBank 1 SR-Bank

Director Sustainability

Guro Elgheim Sivertsen, Sustainability Director at SpareBank 1 SR-Bank, provides insights into their comprehensive approach to sustainability, ESG integration and climate related matters in the following interview.

How would you best describe your bank’s organizational structure for addressing sustainability, ESG and climate related matters? How many people are dedicated to sustainability matters in your organization? 

There is a central group sustainability team of five persons, and there is a commercial advisory team on sustainability consisting of five persons. There are also a couple of dedicated ESG-roles across the organizations. 

The central sustainability team reports to the Group executive vice president of People, Sustainability and Communication, who reports to the CEO and sits in the top management team. 

There is also a Group strategic sustainability committee which consists of representatives from all staff units and business units. This group is led by the sustainability director.

It might be easier to understand the organizational structure by looking at this model:

Want to keep reading?

Become a Qorus member to get access to all our insights

Related news & insights

ESG
03/10/2024 Article

Purpose-driven banking programs sharpen focus on rising social concerns

SMEs emerge as key mechanisms for social upliftment and financial inclusion.

Mobility
03/10/2024 Article

AutoMobility Insights - October 2024 edition

The latest news from the automotive industry curated and commented by the experts at Corporate Value Associates (CVA).

Digital Reinvention
02/10/2024 Article

The story of continuous business evolution

Fatih Ogun, Head of Strategy at Akbank, explains how a continuous culture of innovation based on small, steady enhancements can...

Insurance
30/09/2024 News

AXA launches innovative heatwave parametric insurance in Hong Kong

AXA’s new insurance product is designed to offer flexible protection during these high-risk summer months.

Digital Reinvention
25/09/2024 Article

Programmatic acquisition: Enhancing strategic capabilities through mergers and acquisitions

Fatih Ogun, Akbank's Head of Strategy, explains how programmatic acquisitions provide companies with a strategic path to enhance their capabilities,...

Digital Reinvention
24/09/2024 News

Thailand: Five candidates compete for 3 virtual bank licenses

The application period closed on September 19, and the selected virtual banks are expected to start operations by mid-2025.

Digital Reinvention
24/09/2024 News

NAB launches 'Upcoming' tool to help Australians avoid bill shock

This feature, rolling out in the NAB app, predicts upcoming bills based on past payments, allowing users to better plan...

Open Finance
24/09/2024 News

Fibabanka launches Türkiye’s first BaaS platform with GetirFinans

This collaboration allows non-banking businesses to offer financial services like account management, card issuance, and payment options directly to their...