This report covers the role of Nordic banks in financing the fossil fuel industry. It is based on financial research conducted by Profundo, the Netherlands based research and advice consultancy, into the investment and credit flows of 10 Nordic banks into fossil fuel companies over the period January 2016 – June 2022, as well as assessments of the fossil fuel-related policies of these banks conducted
by Reclaim Finance.
This report is a joint publication of BankTrack, Profundo, ActionAid Denmark, Fair Finance Guide Norway (Etisk Bankguide), Fair Finance Guide Sweden, Friends of the Earth Finland, Greenpeace Nordic, and the Swedish Society for Nature Conservation (SSNC).
