Nordea Green Funding Framework
Management of proceeds - Nordea Bank
Nordea Bank - green assets versus issuance, (EURbn)*
3,8
1,3
Outstanding amount of green
Green deposits
bonds
Use of proceeds
7,5
Green bond asset portfolio
Selection and
evaluation of green
bond assets
Management of
proceeds - Nordea
Bank
-
-
We have established a green bond register, where we record
the composition of our green bond asset portfolio and state
how we intend to allocate the net proceeds of our green
bonds to green bond assets.
An amount equal to the net proceeds of our green bonds and
deposits is placed in our general funding accounts but can be
identified in the green bond register.
The composition and amount of green bond assets is
internally reviewed on a quarterly basis to account for
repayments and drawings
We intend to maintain an aggregate amount of assets in the
green bond asset portfolio at least equal to the aggregate net
proceeds of all our outstanding green bonds and deposits
Any portion of the net proceeds of green bonds or deposits
not recorded in the register as allocated to green bond assets
is held in accordance with our normal liquidity management
policy
13
* Green bond asset portfolio size according to latest verified information, November 2023
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