With a green loan, your business can get financing for investments in sustainable solutions.
What is a green loan?
A green loan is a financing product where the loan proceeds are used for projects and investments with specific environmental credentials. In partnership with ESG rating company Sustainalytics, we have developed a framework that specifies which activities qualify for green loans. DNV makes an external assessment and issues green certificates for loans that qualify. In property, industry-specific certifications are used for the same purpose, including Svane (the Nordic Swan Ecolabel) and BREEAM.
What this means for you
In practice, it means that your business is able to finance sustainable activities through green loans, for example, renewable energy, green buildings and fossil free transport. A green loan offers better terms than an equivalent loan that is not green.
As part of the process, we assess:
- the project or investment to be financed;
- the environmental effects the business will achieve;
- how the financing is monitored by the business;
- documentation and reporting of the environmental effects.
DNB’s framework is based on Green Loan Principles (GLP) and are general guidelines drawn up by global financial operators.
Property, buildings and facilities account for a large share of the world’s energy use and greenhouse gas emissions. A greener property industry will play an important role in the transition to a low-emission society.
Green loans for commercial property and residential projects
We can help you realise projects of every size, solve the need for long-term financing and offer operational financing for entrepreneurs.