The Norwegian Savings Banks Association and environment-friendly business. Finance Norway is the umbrella organisation representing the finance sector in Norway, including the Norwegian Savings Banks Association. The Norwegian Savings Banks Association is promoting environment-friendly business through environmental certification schemes, cooperation, green investments, green loans, and partnerships with the Government.
- Climate mitigation
Several members hold an “Eco lighthouse”. The Eco-Lighthouse is Norway’s most widely used certification scheme for enterprises seeking to document their environmental efforts and demonstrate social responsibility.
Finance Norway (FNO) has also published a debate booklet meant to be a source of inspiration for member companies that have still not started their own climate- and environmental work.
- The financial industry and climate change
Norwegian banks have pursued international cooperation, environmental certification, green investments and green loans to a varying degree. The commitment to a deliberate and compliant climate policy is still unevenly distributed among Norwegian financial companies. At the same time an increasing number of the members of Finance Norway acknowledge that climate change can create new business opportunities through new markets and products and through strengthened trust and reputation. They see that they can become more profitable by engaging in climate mitigation activities than companies that abstain. Action is taken in different ways:
- Contributions to research
- Environmental certification
- Environmental management and reporting of annual carbon footprint
- Eco-friendly financial products
- Green procurement
- Green assets, environmental funds
- Green property management, eco management
- Environmental-friendly construction low energy buildings
- Cities of the Future
Cities of the Future is a collaboration between the Government and the 13 largest cities in Norway to reduce greenhouse gas emissions and make the cities better places to live. The project is based on cooperation with Finance Norway, The Confederation of Norwegian Enterprise and Virke, the Enterprise Federation of Norway. Www.framtidensbyer.no.
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