Encouraging businesses to invest in climate action through deposits

As the leading financial services group in the Nordics, we’re proud to announce the launch of our “Deposit with Climate Focus” product in Finland. This new offering, already successful in Sweden and Norway, allows corporate clients to include a sustainability agenda in their cash management activities.

Reimagining corporate deposits

With this latest offering, Nordea continues to demonstrate its commitment to supporting our clients in their transition efforts. The “Deposit with Climate Focus” offers a simple and efficient way for companies to contribute to environmentally beneficial projects that fall under Nordea’s Green Funding Framework, while managing their surplus liquidity.

How it works

The concept behind “Deposit with Climate Focus” is straightforward. Nordea provides loans aligned with the criteria of its Green Funding Framework supporting ESG-related projects. For each amount that a company deposits, Nordea intends to allocate an equivalent amount to its green bond asset portfolio. This portfolio supports a range of environmentally friendly projects, including renewable energy such as solar and wind power, green buildings and sustainable forestry, among others.

This approach aims to allow companies to use their surplus funds to contribute to projects with an environmental benefit. The product is a fixed-term deposit, for a period ranging from one to six months, offering stable and predictable returns. A minimum deposit of EUR 2 million is required.

Building on success

The introduction of “Deposit with Climate Focus” in Finland follows its successful launches in Norway and Sweden. More than a thousand clients have engaged with the offering so far, with the majority choosing to renew their deposits. This strong interest underscores the growing demand for sustainability-related financial products among business clients.

Antti Saha, Head of Large Corporates & Institutions Finland, comments: “Over the past years, in the rapidly changing market conditions, payment and liquidity management have become increasingly important to our customers. In addition, the green transition has taken significant steps forward. Our aim is to provide best-in-class solutions and advisory services to our customers, both in ESG and liquidity management, for which the launch of ‘Deposit with Climate Focus’ fits perfectly.”

Nina Luomanen, Head of Business Banking Finland, adds: “The green transition is one of Business Banking's key focus areas for 2025, and I’m proud to launch ‘Deposit with Climate Focus’ in Finland as part of our commitment to sustainable banking in the Nordics. Following successful rollouts in Norway and Sweden, this launch marks an important step in supporting our Finnish corporate customers on their ESG journey. By enabling their transition, we also deepen relationships with businesses that prioritise sustainability.”

Transparency and accountability

Nordea’s Green Funding Framework sets clear criteria for identifying, selecting, verifying and reporting on the eligible green projects that qualify for sustainable funding. This is how deposits are intended to contribute to initiatives with the greatest potential to generate environmental benefits.

Amid unprecedented environmental challenges, Nordea as a financial institution plays a role in facilitating the transition through financing solutions and advice. Our “Deposit with Climate Focus” offering allows Nordea to support customers aiming to contribute to projects financed under Nordea’s Green Funding Framework.

Want to know more?

For more information on our “Deposit with Climate Focus” offering, please reach out to your contact person at Nordea, or learn more here.