Finnvera Financial Overview

ESG Strategy Climate change mitigation in Finnvera's operations Encouragement We help our customers seize the opportunities created by climate change action by financing growth, exports and investments. -Backed by the InvestEU guarantee programme, we provide loans for SMEs' digitalisation and climate projects Our aim is to increase the share of climate-friendly projects Measurement and reporting We set goals for as well as measure and report on the climate impacts of the projects we finance and our own operations. - We report on emissions relating to our ship liabilities according to the Poseidon Principles - We calculate the direct and indirect CO₂ emissions from our operations - We will set a target for reducing our climate impacts Risk management We are integrating climate change risks into our key financing decisions and risk management. - We will add an ESG element to the risk classification model of the projects to be financed Restrictions Our sectoral policies exclude the most harmful projects for the climate. - Coal-fired power plants and peat projects abroad are not eligible for Finnvera's financing Our export credit guarantees for the oil and gas sectors are restricted Influencing We influence the regulatory framework of export financing. - We influence and participate actively in OECD Arrangements negotiations - We exert influence and act as part of the E3F Coalition Competence Corporate responsibility is one of our strategic competences. - We will build up our competence related to corporate responsibility by means of training FINNVERA

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