Nordea Kredit Performance Update
Sustainability linked loan funding framework
Nordea
NORDEA SUSTAINABILITY-LINKED
LOAN FUNDING FRAMEWORK
June 2022
The SLL funding framework will allow Nordea Bank Abp to
issue bonds with reference to the impact of the SLLs on
Nordea's balance sheet in a Use-of-Proceeds format
The assets in scope will initially target corporates with KPIs and
sustainability performance targets (SPTS) related to climate
change mitigation
The framework has been reviewed by ISS ESG*, which includes
an asset review of eligible SLLS
The framework is not to be considered green or linked to green
issuance
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The framework has been developed to cater for the
transition assets not included in our green bond asset
portfolio, but that still hold strong ESG target alignment
Issuance under the framework will not include sustainable
KPIs and SPTs linked to Nordea Bank Abp or have any variable
coupons/redemptions
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*
ISS ESG is also providing the Second Party Opinion for Nordea's Green Bond Framework
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