Bank of Montreal
Unverified 2 Second Party Opinions
1 Framework
Documents (3)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-V5933EE-X | Framework | BN Bank Green Bond Framework Dec 2025 | 2025 | www.bnbank.no | 31 Mar 2026 |
| XF-JW783RK-3 | Second Party Opinion | BN Bank Green Bond Framework Second-Party Opinion (2022) | 2022 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 2 Mar 2026 |
| XF-MXPWE50-C | Second Party Opinion | bn bank green bond framework second party opinion | 2021 | www.bnbank.no | 21 Feb 2026 |
XF Company Profile
Extra-financial information found across 3 documents in the XframeworkID registry
NACE K Financial & Insurance Activities
Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.
Issuer Identity & Structure
- Issuer name and country/jurisdiction
- BN Bank ASA, Norway (Trondheim) Green Bond Framework 2025
- Issuer sector/industry classification
- Financial & Insurance Activities Green Bond Framework 2025
- Issuer type
- Bank Green Bond Framework 2025
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- Green Bond Framework 2025 Green Bond Framework 2025
- Bond types covered under framework
- Green bonds Green Bond Framework 2025
- Framework publication date and update history
- Initial framework 2022; Updated December 2025 Green Bond Framework 2025
- Eligible use-of-proceeds categories
- Green Buildings (Nearly Zero Energy Buildings and environmentally certified commercial buildings) Green Bond Framework 2025
- Project evaluation and selection process description
- Green Bond Committee (GBC) established for selection and final approval of green loans. Committee consists of CFO, Deputy CEO, Head of Treasury, Executive Director Retail Banking, and Sustainability Officer. Internal policies in place to ensure mitigation of environmental and social risks Second-Party Opinion 2022
- Management of proceeds approach
- Portfolio basis tracking using green register; pending allocation, proceeds invested in Bank's liquidity reserve; allocation within 12 months of issuance Second-Party Opinion 2022
- Reporting commitments under framework
- Annual allocation reports on website until full allocation; reports include amount issued, share of proceeds for financing vs. refinancing, share of unallocated proceeds, and impact metrics Second-Party Opinion 2022
- Temporary investment of unallocated proceeds
- Bank's liquidity reserve Second-Party Opinion 2022
- Refinanced vs. newly financed project distinction
- Share of proceeds used for financing versus refinancing reported separately Second-Party Opinion 2022
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- Sustainalytics, May 13, 2022 Second-Party Opinion 2022
- SPO assessment scope and methodology
- Evaluation of eligible use-of-proceeds categories, project selection process, management of proceeds, allocation and impact reporting Second-Party Opinion 2022
- SPO preliminary evaluation or credibility rating
- Credible and impactful Second-Party Opinion 2022
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Aligns with four core components of Green Bond Principles 2021 Second-Party Opinion 2022
- Alignment with UN Sustainable Development Goals
- SDG 11 (Sustainable Cities and Communities) Second-Party Opinion 2022
- Alignment with market practice
- Project selection process, allocation timeframe (12 months), and allocation and impact reporting aligned with market practice Second-Party Opinion 2022
Impact Metrics & Reporting
- Annual impact reporting commitment
- Committed to reporting on relevant impact metrics annually until full allocation Second-Party Opinion 2022
Corporate Strategy & Mission
- Sustainability strategy focus areas
- Energy efficient buildings supporting transition to low-carbon and climate resilient economy Green Bond Framework 2025
Issuance Details
- Years of green bond issuance history
- Since 2022 Green Bond Framework 2025
Proceeds Allocation & Reporting
- Allocation reporting methodology
- Website reporting once per green bond issuance and renewed annually; tracking via green register on portfolio basis Second-Party Opinion 2022
ESG Framework & Governance
- Internal ESG governance structure
- Green Bond Committee consisting of CFO, Deputy CEO, Head of Treasury, Executive Director Retail Banking, and Sustainability Officer Second-Party Opinion 2022
Changes Over Time
Items where disclosed information changed across documents.
Alignment with ICMA Green Bond Principles
Eligible use-of-proceeds categories
Alignment with UN Sustainable Development Goals
Project evaluation and selection process description
2021 Green Bond Committee established for selection and final approval of green loans, consisting of CFO, Deputy CEO, Head of Treasury, Executive Director Retail Banking and Sustainability Officer; internal policies to ensure mitigation of environment and social risks →
2022 Green Bond Committee established with CFO, Deputy CEO, Head of Treasury, Executive Director Retail Banking, and Sustainability Officer; internal policies in place for environmental and social risk mitigation →
2025 Process for Loan Evaluation and Selection documented
Management of proceeds approach
2021 Green Bond Committee responsible for management of proceeds on portfolio basis using green register; pending allocation, proceeds invested temporarily in Bank's liquidity reserve; allocation within 12 months of issuance →
2022 Green Bond Committee manages proceeds on portfolio basis using green register; temporary investment in liquidity reserve pending allocation →
2025 Management of Proceeds approach documented
Reporting commitments under framework
2021 Allocation reporting once per green bond issuance and renewed annually until full allocation on website; reports include amount of green bonds issued, share of proceeds for financing versus refinancing, share of unallocated proceeds, and relevant impact metrics →
2022 Annual reporting on allocation and impact metrics; allocation reports include amount issued, financing vs refinancing share, and unallocated proceeds share →
2025 Annual reporting on use of proceeds and impact metrics
Annual allocation reporting period