Our climate strategy in 5 steps

Connecting with clients to achieve ambitions

We believe that in the years ahead all our clients will be affected by the transition to sustainability in one way or another. That’s why we’re here to actively engage with them and to support our clients in this transition. With supply chain disruption and energy insecurity feeding into inflationary pressures, our clients’ ability to invest in net zero measures may be impacted. We’re committed to closely monitoring these global trends, in order to develop comprehensive systems and processes that will enable us to offer them full support and engagement.

Leading by example

We like to lead by example. We take full responsibility for our environmental footprint and we’re committed to achieving net zero carbon emissions by 2030. We will do this by continuing to focus on energy reduction and on sourcing renewable energy for our buildings, data centres and mobility. As an example, we are ambitiously pushing back our business travel emissions.

Heading for net zero together

We’ve joined the Net Zero Banking Alliance (NZBA), a group of banks committed to aligning our lending and investment portfolios with net zero carbon emissions by 2050, as well as to limiting global warming to a 1.5°C scenario. We will engage with our clients to structurally reduce carbon emissions in the real economy, accelerate circular business practices and create positive social impact – achieving a responsible and just transition, that is socially inclusive and, one that respects human rights.

A focus on energy, mobility and digital

We continue to  support our broad range of clients with asset-based finance solutions and sector expertise, helping them to remain competitive. We’ve also identified energy, mobility and digital as sectors affecting our clients in the transition towards a sustainable future. We offer solutions designed to unlock the value of assets and bring business ambitions to life – in ways that are responsible and sustainable.

Committed to teamwork

A key element in our climate strategy is to support development and sharing of science-based insights that can fuel public policy and spark new partnerships. We’re already connected with several international initiatives, such as the Equator Principles Association and the Poseidon Principles, whose goal is to integrate climate action into shipping finance. The transition we face hinges on long-term teamwork – and we are committed to collaborating across society.