Nordic Investment Bank

Nordic Investment Bank, a financial intermediation services company based in Finland, reported total carbon emissions of approximately 1,549,000 kg CO2e in 2025. This included 14,000 kg CO2e from Scope 1 and 1,523,000 kg CO2e from Scope 3 emissions. In 2024, the bank's total emissions were approximately 1,737,000 kg CO2e, with 18,000 kg CO2e from Scope 1 and 1,703,000 kg CO2e from Scope 3. Looking back to 2023, total emissions were around 1,222,000 kg CO2e, comprising 17,000 kg CO2e from Scope 1 and 1,190,000 kg CO2e from Scope 3.

Nordic Investment Bank has set ambitious climate commitments, including a near-term absolute reduction target to decrease Scope 1 and 2 emissions by 58% by 2030, using 2022 as a base year. As of 2025, the bank achieved a 43% reduction towards this target. Furthermore, Nordic Investment Bank is committed to becoming a net-zero bank by 2050, aligning with the Paris Agreement. These targets have been validated by the Science Based Targets initiative (SBTi) as consistent with limiting global warming to 1.5°C. The bank's portfolio targets currently cover 71% of its total lending and investments by financed emissions as of 2022.