Climate Investment Fund Report

Overview

The report describes Norfund's combined Development and Climate Mandates, including 6.5 billion NOK committed in 2023 and a total committed portfolio of 36.2 billion NOK. It reports 625,000 jobs in Development Mandate portfolio companies and 8.5 million tons of expected annual avoided emissions from Climate Mandate projects financed in 2023. The report also presents a first portfolio carbon-footprint assessment, a net-zero strategy, and 998 tCO2e of 2023 operational emissions.

Document

Report type: Climate Report
Class: Specialized
Scope: Full report
Fiscal year: 2023
Period: Ends 31 December 2023
Publication date: 15 May 2024
Language: English
Pages
File size

Standards

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

Materiality

Assessment
Basis

Assurance

Statement included

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