man looking at oil rig

Letter to the EU: Do not open the door to new Arctic oil and gas

The Oil Fund is still Europe's largest fossil fuel investor

The Oil Fund is still Europe's largest fossil fuel investor

Danske Bank

TWO YEARS DOWN THE LINE: DANSKE BANK IN BREACH OF ITS ACCLAIMED POLICY ON FOSSIL FUEL

Making finance work for the climate

Financial institutions are keeping the fossil fuel industry alive by pouring money into it instead of directing their funds towards the energy of the future. By doing so, they are delaying the green and just energy transition. We are working to change that.

We focus on Nordic banks, pension funds, and public finance. We expose fossil fuel finance that breaches the Paris Agreement and demonstrate how financial institutions and legislators can tackle this issue head-on. We engage financial institutions in the call for an end to fossil fuel expansion. We offer advice on how investors can push heavy-emitting industries to adopt ambitious green paths. We fight for the structural changes that will secure the green financing needed for a just global transition.

We analyze a range of Nordic financial institutions and map their climate efforts, their fossil fuel policies and their financing for coal, oil, and gas companies. Reach out to us with any questions - we are happy to share our insights.

Explore our work

Exiting coal

Coal is the most carbon-intensive of all fossil fuels, and our ability to tackle the climate crisis critically depends on the speed with which we phase out coal. Financial institutions and governments have a key role to play here.

Ending fossil fuel expansion

Too many Nordic banks and pension funds continue to ignore climate scientists’ call for an end to fossil fuel expansion. We work to change that and create Nordic frontrunners.

Industries in transition

Our work with the steel and heavy-duty vehicle sectors demonstrates how financial influence, strategic ownership, and public pressure can accelerate industrial decarbonization in line with climate science.

Scaling up green finance

We work to pave the way for the public and private investments that are needed to scale up renewable energy and clean tech.