Corporate responsibility
Banks have a central role in society. As an IFI of the Nordic and Baltic countries, NIB makes a lasting impact on the productivity and environment of the region with its long-term lending and facilitates sustainable development.
We are a mandate-driven bank with a strong focus on sustainability, and NIB incorporates environmental, social, and governance factors into all its business practices. We are committed to a culture of integrity and to upholding high standards of governance, transparency, accountability, and business conduct.
Responsibility towards stakeholders
In our interaction with different stakeholders, we emphasise openness and transparency. As outlined in NIB’s Public Information Policy, the Bank is entrusted with public funds and is therefore publicly accountable.
Our key stakeholders are:
- Customer
- Investors
- Political decision makers and public administrations
- NGOs
- Media
- General public
- Employees
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Our commitments
NIB is dedicated to international principles, standards, and agreements. We actively participate in global partnerships and networks.
Sustainability Policy
The overarching Sustainability Policy applies bank-wide and to all NIB’s operations. The policy sets out the principles, commitments and frameworks for sustainability at NIB.
Responsible procurement
In line with our commitment to responsible procurement, NIB has established a Supplier Code of Conduct. An ESG assessment shall be undertaken in accordance with the Procurement Rules.
Good governance
The Bank’s activities are guided by our legal framework, policies, guidelines and principles. NIB’s governing bodies follow different rules of procedure.
Integrity & compliance
As an international institution entrusted with public funds, NIB strives to carry out its operations with the highest integrity and in compliance with best practices and its own legal framework.
Our impact
We disclose estimated impact on all our signed loans, and report on the aggregated impact for different project categories. NIB’s investment portfolio is built on sound ESG performance. We also manage our own footprint to ensure low carbon operations.
