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Nordic Investment Bank (NIB), headquartered in Finland (FI), is a prominent player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding (65). Established in 1975, NIB has built a strong reputation for supporting sustainable growth in the Nordic and Baltic regions, providing financing solutions that promote environmental and social sustainability.
NIB's core offerings include loans, guarantees, and advisory services tailored to public and private sector projects. What sets NIB apart is its commitment to financing projects that enhance the competitiveness of its member countries while addressing climate change challenges. With a robust market position, NIB has achieved notable milestones, including a strong credit rating and a diverse portfolio that underscores its role as a key financial partner in the region.
+42 vs industry average
Nordic Investment Bank’s score of 79 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Nordic Investment Bank (NIB), a financial intermediation services provider based in Finland, reported total carbon emissions of approximately 1,549,000 kg CO2e in 2025. This includes about 14,000 kg CO2e from Scope 1 emissions, and approximately 1,523,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 were business travel (883,000 kg CO2e), purchased goods and services (302,000 kg CO2e), and fuel and energy-related activities (133,000 kg CO2e). For 2024, NIB's total emissions were approximately 1,737,000 kg CO2e. In 2023, emissions were about 1,222,000 kg CO2e.
NIB has established ambitious climate commitments, including a near-term target to reduce absolute Scope 1 and 2 GHG emissions by 57.6% by 2030 from a 2022 base year. This target is validated by the Science Based Targets initiative (SBTi) and is consistent with limiting global warming to 1.5°C. In 2025, NIB achieved a 43% reduction towards this Scope 1 and 2 target. Additionally, NIB is committed to becoming a net-zero bank by 2050, aligning with the Paris Agreement. The bank also has an SBTi-validated near-term intensity target to reduce GHG emissions from the steel sector within its corporate loans portfolio by 23% per tonne of hot-rolled steel by 2030, using 2022 as a base year.
2030
57.6% reduction in Scope 2
NIB commits to reduce absolute scope 1 and 2 GHG emissions 57.6% by 2030 from a 2022 base year.
2030
57.6% reduction in Scope 1
NIB commits to reduce absolute scope 1 and 2 GHG emissions 57.6% by 2030 from a 2022 base year.
2030
23% reduction in scope 3 total
SDA: NIB also commits to reduce GHG emissions from the steel sector within its corporate loans portfolio 23% per tonne of hot-rolled steel b…
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Common questions about Nordic Investment Bank’s sustainability data and climate commitments
Data year: 2025
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