SBNOR: Sparebanken Norge Updates Green Bond Framework

23 Dec 2025 11:40 CET

SBNOR: Sparebanken Norge has updated its Green Bond Framework to support the
financing and refinancing of assets that contribute to the transition to a
low-emission economy, in line with the bank’s sustainability strategy.

Sustainability is a core pillar of the bank’s business strategy and an integral
part of risk management and long-term value creation. Sparebanken Norge targets
net zero emissions by 2040, including material indirect emissions from its
lending activities, and publishes climate accounts covering its full loan
portfolio.

The updated framework supports lending to energy-efficient residential and
commercial buildings in Norway, as well as renewable energy projects. It
reflects the bank’s post-merger strategy and is aligned with international
market standards for green bonds. The framework incorporates considerations
related to EU Taxonomy alignment, transparency, and reporting, while maintaining
a clear and disciplined approach to eligibility criteria and governance.

ING acted as Sole Green Structuring Advisor for the Green Bond Framework 2025.

Moody’s has provided a Second Party Opinion and Multiconsult will deliver a
technical assessment of eligible green assets.

Through the updated framework, Sparebanken Norge strengthens its approach to
sustainable finance and its contribution to the development of the green bond
market.

More information:
https://www.spv.no/om-oss/investor-relations/gronne-obligasjoner

Contact:

Linn Gjesdal, Leder Bærekraft:
(+47) 95 26 07 05


Brede Borgen Kristiansen, Direktør Økonomi & Investor Relations:
(+47) 47 90 64 02


John Hopp, Head of Treasury / CEO Sparebanken Norge Boligkreditt:
(+47) 45 08 17 76



About Sparebanken Norge

Sparebanken Norge is the largest savings bank in Norway with more than 200 years
of history. The bank is majority-owned by local communities and operates under a
traditional savings bank model with a clear social mandate. Sparebanken Norge
aims to be the leading and most preferred financial services group in its core
regions, with sustainability integrated into its strategy and operations.

More information:
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662793_Sparebanken-Norge_Green-Bond-Framework_2025.pdf