Danske Bank’s Approach to Financing the Climate Transition

This document is a guide detailing Danske Bank's approach to financing the climate transition. It aims to provide clarity on how the bank engages with large corporate customers regarding their climate transition strategies. The guide outlines the transition risk assessment methodology used to evaluate customers' plans and emphasizes the importance of credible transition strategies. Danske Bank recognizes its role in supporting the climate transition through financing solutions that facilitate the execution of these strategies. The document also discusses the significance of transition-enabling value chains and the need for meaningful dialogue with customers about their financial strategies related to climate transition. It highlights the bank's commitment to becoming a net-zero bank by 2050 and the necessity of aligning financing with the goals of the Paris Agreement. The guide includes definitions, governance structures, and the bank's position statements on fossil fuels, providing a comprehensive view of its sustainable finance initiatives.