Kvika has issued a Green Financing Framework which frames the bank’s policy on green financing and lending. The Green Financing Framework describes, among other things, the bank’s sustainability policy, Kvika’s sustainability governance, and how funds are to be allocated to finance or re-finance green projects, including environmentally friendly lending.
“The most important task of our time is sustainability. The future is of great importance to us all, as we, and our descendants, will be there all our lives. It is important for financial institutions, like others, to contribute to the fight against climate change. It is therefore extremely gratifying to now be able to present Kvika’s Green Financing Framework, which enables the bank to increase its efforts in green financing and lending, and by such means support sustainability and contribute to the fight against climate change,” says Marinó Örn Tryggvason, CEO of Kvika banki hf.
Further information about sustainability at Kvika, including reports and a summary of the bank's policies, is available here: https://www.kvika.is/en/investor-relations/green-financing-framework.