"Small companies are typically good at creating business and growth, but it might be difficult to find the needed resources for planning their climate transition. Driving the transition is a common effort and we can support with tools and solutions to get started. With climate transition plans in place companies can better meet the growing demands from customers, investors and authorities and can safely expand. It’s about future-proofing the business and we can support our customers’ ambitions,” says Nina Arkilahti, Head of Business Banking at Nordea.
Solutions keep evolving – latest addition is the Net-Zero Commitment Loan
The range of finance solutions has evolved during the past few years. The latest addition, which will now be piloted in Denmark and Sweden, is a Net-Zero Commitment Loan. Customers that commit to halving their emissions by 2030 and to becoming net zero by 2050 at the latest can get a loan on favourable terms if they commit and report via the SME Climate Hub. Nordea is a frontrunner in offering this solution. We hope it will encourage even more customers to commit to climate transition and net zero.
During spring we also launched the Sustainability Guarantee in cooperation with the European Investment Fund to support SMEs in accelerating the transition to a green and sustainable economy (currently available to customers in Finland and Sweden). Other available finance options are Green loans and Sustainability-linked loans and Verde loans (in Finland and Sweden). The range is supplemented with savings solutions, where the latest addition is Deposits with climate focus, currently available in Norway and Sweden.