S&P Global recognises progress in sustainability activities
Revaluation puts OLB in the top quarter of the industry
Oldenburgische Landesbank AG (“OLB” or “Bank”) has been rewarded for its continued high level of commitment to sustainability activities. After the Bank was awarded 30 points by the renowned agency S&P Global in its first ever ESG rating in March of this year, S&P Global has now raised the rating to 35 points in an updated review. This puts OLB in the top quarter of all rated institutions in an international comparison of banks; the industry average in the ESG rating currently is 29 dprsmo.
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