Banking on thin ice

Banks

We screen the financing and investment portfolios of 10 major Nordic banks - exposing how they continue to fund coal, oil and gas companies around the world.

Our findings are published in the reports “Banking on Thin Ice 1”, “A Sustainable Banking Sector in Denmark” and “Banking on Thin Ice 2”.

Here you can get an overview Nordic banks relations to the fossil fuel industry, how they have increased their financing for companies active in Arctic oil and gas production, endanger vulnerable ecosystems and escalate the climate crisis.

Banking on thin ice 2

November 2022

This report provides an overview of the financial relationships between 10 major Nordic banks and the fossil fuel industry, as well as the policies the banks have in place to regulate their links to the industry.

A sustainable banking sector in Denmark

May 2022

The report proposes 3 regulatory measures of how politicians can make the Banking Sector in Scandinavia and the EU more sustainable.

Banking on thin ice 1

February 2021

This report provides the first ever overview of the financial relationships between 10 major Nordic banks and the fossil fuel industry, as well as the policies the banks have in place to regulate their links to the industry.