Impact Report

Overview

The report describes KBN's 2024 green-loan portfolio of 66 billion NOK supporting 537 projects, with 13 288 tonnes of CO2e reduced or avoided annually, 130 988 MWh of renewable energy produced annually, and 49 447 MWh of energy reduced or avoided annually. It reports three project rejections after new nature-risk criteria were introduced and 16 approved building projects assessed under those criteria. The report's EU Taxonomy mapping identifies 65% of the portfolio as aligned or partly aligned with Substantial Contribution criteria, while noting no full alignment with both Substantial Contribution and Do No Significant Harm criteria.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Publication date: 13 March 2025
Language: English
Pages
File size

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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Materiality

Assessment
Basis

Assurance

Statement included

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