NLB Ranks Among Top ESG Performers with Industry and Regional Recognition

Morningstar Sustainalytics, which recently unveiled its 2025 list of ESG Top-Rated Companies, covering over 15,000 companies across 42 industries, recognized NLB with the Top Regional and Top Industry (Banks) badges. These accolades reaffirm NLB's commitment to sustainable practices and responsible operations.

The Top Regional badge places NLB among the 432 highest-rated companies in Europe, while the Top Industry badge ranks it 42nd out of 1,027 rated banking companies worldwide.

This recognition comes after NLB received its improved ESG rating of 10.5 at the end of 2024. The rating, reflecting a low risk of material financial impacts from ESG factors, placed NLB in the top 5th percentile of all banks assessed by the Morningstar Sustainalytics. It also represented more than a 34% improvement from the rating NLB received in 2023, both due to NLB’s improved performance by 26%, and also due to a change in the Sustainalytics’ rating methodology, which contributed 8% to improved rating. NLB improved its sustainable operations the most in Data Privacy, Cybersecurity, Responsible Marketing Policy, and Responsible Asset Management. You can find out more here.