How can I be green­er in my fi­nances?

Climate Change, Sustainability, and Carbon Footprint

Climate change, sustainability, and carbon footprint are concepts most people are familiar with, and many try to have a positive impact by sorting waste, recycling, and using environmentally friendly energy sources. However, we may not always think about our finances when it comes to promoting sustainability and a greener future. There are various things we can do to be greener in our finances, as the direction of capital can have a direct impact on climate development.

We want the projects we support our customers with to have a positive impact on both the environment and society. We have established an ambitious environmental and climate policy aimed at focusing on projects that support sustainable development and green infrastructure.

Green Savings

Green Growth is a savings account for individuals, organizations, and companies who want to contribute to a more environmentally friendly future. The account is non-indexed and unrestricted, so funds can be withdrawn at any time. Money collected in Green Growth is allocated to environmentally friendly projects in accordance with our Green Finance Framework.

Green Cars and Environmentally Certified Housing

We offer a number of loans that fall under the definition of green loans. Such loans generally have more favorable terms and support projects that reduce emissions, promote sustainability, or use renewable energy sources.

We emphasize environmentally friendly cars by offering no loan fees when financing cars that run exclusively on electricity or renewable energy sources. Additionally, we provide a 50% discount on loan fees when financing cars that partially use renewable energy sources and have emissions less than 99 g/km in weighted CO₂ value.

We also provide a 100% discount on loan fees for residential mortgages when purchasing environmentally certified residential housing. Certification must be provided by one of the following entities: Nordic Swan Ecolabel, BREEAM – Very Good, or LEED Gold.

Green Business Loans

Business loans that fall under the green definition generally bear lower financing costs. There are stricter requirements for performance and disclosure obligations regarding non-financial metrics. The loans can be related to green property purchases, construction financing, property renovations, sustainable fishing, energy efficiency, pollution prevention, renewable energy, and sustainable agriculture.

Participate in a Green Future

By choosing green financial products, you actively participate in contributing to a more sustainable future. Whether you are saving, investing, or taking out a loan, you can make an impact by choosing products that support environmentally friendly projects.