| ARION BANK - NON FINANCIAL INFORMATION 2017 |
| KEY PERFORMANCE INDICATOR |
Unit |
2017 |
2016 |
2015 |
| Environmental Policy (E9) |
|
|
|
|
| Does the Bank have environmental policy |
Yes/No |
Yes |
Yes |
Yes |
| Does the Bank have environmental management system |
Yes/No |
Yes (Klappir Core) |
Yes (Klappir Core) |
No |
| Environmental Impact (E10) |
|
|
|
|
| Where there any environmental accidents registred |
Yes/No |
No |
No |
No |
| Does the bank have to comply to environmental legislation |
Yes/No |
No |
No |
No |
| Gender Pay Ratio (S2) |
|
|
|
| Average number of employees |
no. |
882 |
936 |
929,5 |
| Of which female |
% |
65% |
65% |
66% |
| Of which men |
% |
35% |
35% |
34% |
| Outcome of equal pay certification |
% |
2,9% |
3,7% |
4,8% |
| Employee Turnover Rate (S3) |
|
|
|
| Employee turnover rate |
% |
11,8% |
13,8% |
10,8% |
| Of which voluntarily resignations |
% |
7,7% |
5,4% |
7,7% |
| Of which dismissals |
% |
2,2% |
7,8% |
2,2% |
| Of which retired |
% |
0,9% |
0,7% |
0,9% |
| Gender Diversity (S4) |
|
|
|
| All Management |
|
|
|
|
| Of which women |
% |
48,0% |
47% |
41% |
| Of which men |
% |
52% |
53% |
59% |
| Board of Directors |
no |
8 |
|
|
| Of which women |
% |
50% |
50% |
55% |
| Of which men |
% |
50% |
50% |
45% |
| Executive Committee |
no |
8 |
|
|
| Of which women |
% |
50% |
44% |
33% |
| Of which men |
% |
50% |
56% |
67% |
| Regional and Branch Managers |
|
|
|
|
| Of which women |
% |
43% |
50% |
39% |
| Of which men |
% |
57% |
50% |
61% |
| Heads of Departments |
|
|
|
|
| Of which women |
% |
28% |
34% |
39% |
| Of which men |
% |
72% |
66% |
61% |
| Service Managers with employees at their disposal |
|
|
|
|
| Of which women |
% |
73% |
93% |
|
| Of which men |
% |
27% |
7% |
|
| Supervisors and Team Leders |
|
|
|
|
| Of which women |
% |
67% |
44% |
50% |
| Of which men |
% |
33% |
56% |
50% |
| Temporary Worker Ratio (S5) |
|
|
|
| Permanent employees |
% |
92% |
93% |
95% |
| Of which 55 years old and older |
% |
14% |
14% |
15% |
| Of which aged 45-54 |
% |
30% |
29% |
27% |
| Of which aged 35-44 |
% |
30% |
32% |
33% |
| Of which aged 25-34 |
% |
21% |
20% |
21% |
| Of which aged 24 and younger |
% |
5% |
5% |
4% |
| Temporary employees |
% |
8% |
7% |
5% |
| Non-Discrimination Policy (S6) |
|
|
|
| Does your company publish and follow a non-discrimination policy: |
Yes/No |
Yes |
yes |
yes |
| Injury Rate (S7) |
|
|
|
| Accidents at the work place and on the way to and from work |
no |
0% |
5 |
5 |
| Health indicator |
% |
96,3% |
95,8% |
|
| Human rights violations (S11, GRI 102-17/103-2/412-1 | UNGC P1, P2 | SDG 2,3,12,13 ) |
|
|
|
| Number of violations reported |
no |
0 |
0 |
0 |
| Of which coecion and bullying |
- |
0 |
0 |
0 |
| Of which harassment and gender based discrimination |
- |
0 |
0 |
0 |
| Of which sexual harassment |
- |
0 |
0 |
0 |
| Of which by ingnorance |
- |
0 |
0 |
0 |
| Of which other violations |
- |
0 |
0 |
0 |
| Of which violations that have been adressed/solved |
- |
0 |
0 |
0 |
| Board - Diversity (S12) |
|
|
|
|
| Total number of Directors |
no |
8 |
8 |
7 |
| Of which women |
- |
4 |
4 |
4 |
| Of which men |
- |
4 |
4 |
3 |
| Of which independent board members |
- |
7 |
7 |
6 |
| Seperation of powers (G1) |
|
|
|
|
| Is the CEO the chairman of the Board |
Yes/No |
No |
No |
No |
| Does the CEO lead committees |
- |
No |
No |
No |
| Does the CEO sit on the board |
- |
No |
No |
No |
| Board - Transparent Practicies (G2) |
|
|
|
|
| Are board practices, actions, and outcomes made public |
Yes/No |
No |
No |
No |
| To the CEO |
- |
Yes |
Yes |
Yes |
| To revisors and controllers |
|
Yes |
Yes |
Yes |
| Is the voting by individual board members made public |
Yes/No |
No |
No |
No |
| To the CEO |
- |
Yes |
Yes |
Yes |
| To revisors and inspectors |
- |
Yes |
Yes |
Yes |
| Incentivized Pay (G3) |
|
|
|
|
| Are company executives formally incentivized to act on ESG |
Yes/No |
Yes |
Yes |
Yes |
| Regarding Corporate Governance |
- |
Yes |
Yes |
Yes |
| Fair Labor Practices (G4) |
|
|
|
|
| Employees in unions |
% |
99,8% |
99,8% |
|
| Employees not in unions |
% |
0,2% |
|
|
| Supplier Code of Conduct (G5) |
|
|
|
|
| Responsible behaviour of the company´s suppliers |
Yes/No |
Yes |
|
|
| In regards to the environment |
- |
Yes |
|
|
| In regards to fair labor Practices |
- |
Yes |
|
|
| Ethics Code of Conduct (G6) |
|
|
|
|
| Has the Ethics Code of Conduct been implimented |
Yes/No |
Yes |
Yes |
Yes |
| Is the EC approved by the Board |
- |
Yes |
Yes |
Yes |
| Has the EC been introduced to employees |
- |
Yes |
Yes |
Yes |
| Tax Transparency (G8) |
|
|
|
|
| Is there Tax Transparancy |
Yes/No |
Yes |
Yes |
Yes |
| Sustainability Report (G9) |
|
|
|
|
| Has the ESG report been published |
Yes/No |
Yes |
Yes |
Yes |
| Other Framework Disclosure (G10) |
|
|
|
|
| At Arion Bank we take into account the fundamental objectives laid out in UN Global Compact. We also look to the new guidelines which the World Federation of Exchanges has set out for listed companies. These guidelines aim to meet certain requirements of the Global Reporting Initiative, an international standard which helps companies and institutions to report information on sustainability in a transparent manner. |
| External Validation Assurance (G11) |
|
|
|
|
| The environmental report and the report on non-financial information for 2016 were prepared in collaboration with the Icelandic innovation company Klappir. Klappir specializes in consultancy and technical web and business solutions relating to sustainability. Such input from third parties enhances the reliability and quality of the material presented in the report. |