Preface Corporate social responsibility and sustainability are closely related. At Sydbank we are naturally especially focused on the financial side of sustainability in our daily work. And we are very conscious of the responsibility resting on us to create sustainable finances for our customers and our shareholders but also at a societal level. The entire banking sector recognises the importance and relevance of ensuring financial stability in society and many resources are used to undertake this task in our day-to-day work. However sustainability is not just about finance – nor for banks. It also concerns people and our use of environmental resources. Also here, what matters is to find the methods and strategies that are sustainable in the long term. Our resources – human resources, environmental resources as well as financial resources – must be wellbalanced. In 2015 Sydbank initiated a project to systematise and expand its CSR efforts and reporting. This work was continued in 2017. Sydbank’s CSR report offers an overall perspective of where we currently stand and how we balance our resources at Sydbank as well as how we strive to create a sustainable bank. Sydbank has a strong financial foundation – but being “sustainable” in its broadest sense involves more than this. It means that we are open and willing to share responsibility for developments in the areas that are directly or indirectly related to our activities as a bank. This report looks beyond the financial ratios and addresses the peoplerelated and social obligations involved in running a bank. Karen Frøsig CEO
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