Future prosperity is rooted in education, and we consider education to be one of the best long-term investments that individuals and communities can make. We believe that communities driven by ingenuity and innovation will be leaders in years to come – education is therefore one of the cornerstones of society and an important aspect in promoting sustainability. We also consider education to be a key element in the fight for women’s rights, protecting children from child labour and sexual abuse, fostering human rights and democracy, and promoting environmental protection. This is why we have attached great importance to supporting education, through such things as the Kvika Incentive Fund. Kvika also runs the FrumkvöðlaAuður charity fund, the main aim of which to encourage young women towards entrepreneurship.
We realise that we can make the biggest impact on the community by concentrating on areas relating to the bank’s operations – this is why we focus particularly on having a positive impact on the development and functionality of financial markets. To this end, we strive to find ways to better mobilise investors in Iceland by developing more diversified investment options, both for those already active in the securities market and for new investors. We are also keen to participate actively in the debate on financial markets.
Since 2017, Kvika has been a member of the Icelandic Centre for Sustainability – Festa, which promotes cooperation and action in the field of social responsibility. Kvika is also the main partner of UNICEF Iceland in the field of banking services and a benefactor of its World Parents programme. Kvika subsidises the banking costs incurred by World Parents, thereby enabling UNICEF to make even better use of the funds they raise to support child rights and welfare.
In addition to the above, we support various other issues that promote positive social development, in the form of collaboration and smaller grants.