At TF Bank, our goal is to contribute to financial inclusion by offering responsible lending. In a functioning economy, responsible lending is a necessary and important product category. We aim to provide our customers with the opportunity to access the products and services they need in a sustainable and responsible manner. In December 2020, TF Bank’s Board of Directors adopted a sustainability program with four focus areas, which are described in more detail in this report.
TF Bank works systematically with four focus areas. The focus areas were chosen by the Board based on the materiality analysis, taking into account our business operations and the risks and opportunities they entail.
| Area | Purpose and Relevance | Our promise | Sub-areas | SDG |
| Responsible lending | Responsible lending activities are business critical and contribute to low loan losses for TF Bank and a well-functioning economy in general. | For every individual application, we ensure accurate credit assessment through our established credit granting process that is continuously being tested, developed and improved.
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• Growth in a controlled manner
• Customer protection • Financial inclusion |
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| Business ethics and governance | Good business ethics and sound corporate governance are basic prerequisites for TF Bank’s values and trust from customers, employees and the market, and also contribute to public trust in the financial sector. | We always act responsibly with a clear focus on regulatory compliance and high risk awareness. | • Anti-corruption, AML and prevention of terrorist financing
• Data security and customer integrity • Sound corporate governance and efficient risk management |
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| Attractive employer | By attracting talented employees with different experiences and perspectives, we create the innovative climate required for long-term business success. | We always act responsibly with a clear focus on regulatory compliance and high risk awareness. | • Diversity and equality
• Safe work environment • Competence development |
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| Climate change | Climate change is the most important societal issue of our time, and despite its small direct environmental impact, TF Bank will contribute to the global goals and to reducing our global footprint on the environment. | We aim to reduce our own climate impact in relation to the Bank’s growth. | • Reduce own climate impact
• Digital processes • Contribute to energy transition |
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