As a bank, we are committed to supporting our corporate clients’ transition efforts. We have a 2030 target of reducing the emissions across our lending portfolio by 40-50%, supported by sector-specific targets aligned with science-based pathways and regional sector roadmaps. By supporting our clients’ transition through financing and advising, we can have the biggest positive impact.
Our dedicated experts work closely with clients to navigate the evolving sustainable finance landscape, providing insights, expertise and tailored financial solutions. Together, we can steer capital towards activities and solutions supporting change.
€200bn
in sustainable financing 2022-2025
90%
of our exposure to large corporate customers in climate-vulnerable sectors covered by transition plans by 2025
40-50%
reduction in emissions across our lending portfolio by 2030
€185bn
in sustainable financing*
86%
of exposure to large corporate customers in climate-vulnerable sectors covered by transition plans**
36%
reduction in emissions across our lending portfolio
At Nordea, our sustainable finance product offering falls under two general categories: use-of-proceeds financing, earmarked to finance sustainable activities, and sustainability-linked general corporate financing. Find descriptions of the different sustainable financing formats here. We also facilitate financing for other purposes.
Transition plan in this context is defined as a quantifiable and time-bound target to reduce greenhouse gas emissions set by an obligor or group mother. The percentage is based on year-end 2024 exposures and transition plans reported during 2024. Sectors in scope are those originally defined in 2020 as potentially vulnerable to climate transition and/or physical risks. Numbers are expected to fluctuate.
At the global level, the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement set the general sustainability agenda as well as the more specific climate agenda. We have a key role to play in reaching society’s goals through redirecting investments and financing towards more sustainable technologies and businesses, and contributing to the creation of a low-carbon, climate-resilient and circular economy.
Find out more about Nordea's sustainability targets
Meet Catrine Birkevold Liem, Nordea Sustainable Finance Advisory’s country lead for Norway. She reflects on banks’ role in enabling a real sustainable transition, as well as challenges, trends and game changers in the field.
Isabella Frenning Willis, Nordea Sustainable Finance Advisory's Denmark lead, is focused on helping companies select material and ambitious targets for their sustainability-linked loans and bonds.
Learn more about Isabella
Nordea Sustainable Finance Advisory's Juho Maalahti is eager to help companies and investors tackle new challenges in the fast-developing world of sustainable finance.
Learn more about Juho
We’re here to support our corporate clients in their own sustainable transitions, with our full suite of products and holistic advisory services, including: green, social and sustainability bonds and loans; sustainability-linked bonds and loans; ESG data advisory and integration; reporting and disclosures; guidance on regulations and policy developments.
Find out more about Sustainable Finance Advisory
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