Summary
This document is a framework that outlines the criteria for labeling financing products as green by Danske Bank and its subsidiaries. It specifies that to qualify for a green label, a financing product must support the transition to low-carbon, climate-resilient, and sustainable economies. The framework is based on the Green Loan Principles and includes specific categories aligned with the EU Taxonomy Substantial Contribution criteria. It details the types of financing products eligible for green labeling, such as revolving credits and term loans, primarily offered in the Nordic region. The document also describes the evaluation process for green financing, which assesses compliance with the Green Product Criteria and includes monitoring to ensure ongoing eligibility. Danske Bank reserves the right to remove the green label if the financing no longer meets the established criteria. Additionally, it outlines the importance of adhering to environmental, social, and governance (ESG) risk assessments in the financing process.
