SpareBank 1 Nord-Norge has established a Green Finance Framework which enables the company to issue green finance instruments.
Green Finance Framework
Eligible Categories and Framework Governance
SpareBank 1 Nord-Norge has established a Green Finance Framework in line with the International Capital Market Association (ICMA) Green Bond Principles (2021, with June 2022 Appendix I) and the Loan Market Association (LMA) Green Loan Principles (2023).
The framework defines the following eligible use of proceeds categories:
- Green Buildings
- Renewable Energy
- Clean Transportation
- Environmentally Sustainable Management of Living Natural Resources and Land Use
A Second Party Opinion of the framework has been provided by ISS ESG.
SpareBank 1 Nord-Norge believes that green finance instruments are an effective tool to channel investments to projects that contribute to environmental objectives. Through the issuance of green finance instruments, SpareBank 1 Nord-Norge seeks to align its funding activities with its sustainability and climate ambitions.
SpareBank 1 Nord-Norge has appointed Norconsult to provide an impact assessment of the Green Buildings, Clean Transportation and Renewable Energy categories in the FY2025 portfolio. The assessment of the Environmentally Sustainable Management of Living Natural Resources and Land Use category has been prepared in collaboration with MSC, ASC and Global G.A.P.
Green finance framework 2024 (PDF)
Second Party Opinion - ISS 2024 (PDF)
Archive
- Green Finance Framework (PDF)
- Investor presentation (PDF)
- Green Buildings Portfolio (PDF)
- Renewable Energy Portfolio (PDF)
- Electric vehicles Portfolio (PDF)
- Impact Report (PDF)
- Allocation Report as of Q4 2021 (PDF)
- Allocation Report as of Q2 2021 (PDF)
- Second Party Opinion - SPO (PFD)
- Impact Assessment (PDF)
- Impact Report (PDF)