Governance
In 2022, we established a separate governance structure for the area of sustainability. It enables efficient implementation of the sustainability strategy and ensures that sustainability aspects are taken into account at all hierarchical levels.
Overview of sustainability and governance structure (as at 31 December 2024)

The Sustainability Council assumes responsibility for decision-making, governance and monitoring
The Sustainability Council is the central body of our sustainability governance and defines the sustainability strategy as well as the associated targets. Its members are responsible for monitoring the implementation of the sustainability strategy within their respective areas of responsibility. The Council meets at least three times a year.
Eleven work streams help us achieve our goals
At an operational level, no fewer than eleven work streams have been created, and they bear primary responsibility for implementing the sustainability and climate strategy, reporting to the Sustainability Council every two months. The individual work streams focus on either products (e.g. loans) or issues (e.g. social impact).
The Group Board of Directors maintains a bird's-eye view
On the operational level, a total of eleven work streams have been set up, which bear the main responsibility for implementing the sustainability strategy. The individual work streams focus on either products (e.g. loans) or issues (e.g. social impact).
- The Group Audit Committee focuses on the supervision and control of sustainability reporting, including any related risks.
- The Strategy Committee advises on the adjustments to the current sustainability strategy.
- The Group Risk Committee provides the Group Board of Directors with information on sustainability risks.
- The Group Nomination and Compensation Committee deals with the issue of environmentally friendly incentive systems, among other issues.
Green Teams
We need to make use of our workforce's entire talent pool in order to successfully crack the climate crisis, which is why the LLB Group has created Green Teams, in which employees can help shape the company's sustainable future on a voluntary basis.