Nordic Investment Bank
Unverified XFID Unique Identifier for Nordic Investment Bank:
XO0E641ZR3 4 Second Party Opinions
2 Frameworks
Documents (6)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-3QW1AFQ-K | Second Party Opinion | Second Party Opinion: Nordic Investment Bank Environmental Bond Framework | 2024 | www.spglobal.com | 8 Mar 2026 |
| XF-5P80TAD-O | Second Party Opinion | Second Party Opinion: Nordic Investment Bank’s Sustainability-Linked Loans financing Bond Framework | 2025 | www.spglobal.com | 25 Feb 2026 |
| XF-VVC88TD-9 | Second Party Opinion | Nordic Investment Bank (NIB) (Methodology of Shades of Green, formerly part of CICERO) | 2018 | www.spglobal.com | 25 Feb 2026 |
| XF-LH2YZPV-L | Framework | 9096 neb framework dec 2018 | 2018 →2019 | www.nib.int | 21 Feb 2026 |
| XF-P1ETMDD-D | Framework | 10460 neb framework oct 2019 | 2019 ↑2018 | www.nib.int | 21 Feb 2026 |
| XF-EHS4QDB-C | Second Party Opinion | 3987 cicero nib second opinion | 2014 | www.nib.int | 21 Feb 2026 |
Bonds & Instruments (12)
Bond issuances linked to this issuer's disclosure documents. Search any ISIN in the registry to jump to its documentation.
| ISIN | Instrument | Type | Linked Docs |
|---|---|---|---|
XS2400452228 | XS2400452228 | Sr Unsecured | 1 |
XS2437424398 | XS2437424398 | Sr Unsecured | 1 |
XS2454249652 | XS2454249652 | Sr Unsecured | 1 |
XS2548946560 | XS2548946560 | Sr Unsecured | 1 |
XS2580868482 | XS2580868482 | Sr Unsecured | 1 |
XS2690013722 | XS2690013722 | Sr Unsecured | 1 |
XS2750344447 | XS2750344447 | Sr Unsecured | 1 |
XS2753549703 | XS2753549703 | Sr Unsecured | 1 |
XS2849666941 | XS2849666941 | Sr Unsecured | 1 |
XS2887886260 | XS2887886260 | Sr Unsecured | 1 |
XS2898821033 | XS2898821033 | Sr Unsecured | 1 |
XS2901992045 | XS2901992045 | Sr Unsecured | 1 |
Research Mentioning This Issuer (5)
Academic papers in the registry that reference this issuer.
- 2025 Was Covid-19 a wake-up call on climate risks? Evidence from the greenium
- 2024 Green Bond Issuance and Corporate Investment and Financing Level: Evidence from Chinese Listed Companies
- 2022 Swedish public and private housing companies’ access to the capital market for financing energy renovation
- 2020 De-risking of Green Investments through a Green Bond Market: Empirics and a Dynamic Model
- 2019 A Swedish Market for Sustainability-Related and Socially Labelled Bonds. Institutional Investors as Drivers
XF Company Profile
Extra-financial information found across 6 documents in the XframeworkID registry
NACE U Extraterritorial Organisations
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
- Nordic Investment Bank, Finland SPO 2025 2025
- Issuer sector/industry classification
- Financial services SPO 2025 2025
- Issuer type
- Bank SPO 2025 2025
Corporate Strategy & Mission
- Corporate mission and sustainability strategy
- Promotion of productivity gains and environmentally friendly investments; climate and environment friendly investment SPO 2018 2018
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- NIB Environmental Bond Framework FRAMEWORK 2019 2019
- Bond types covered under framework
- Environmental bonds FRAMEWORK 2019 2019
- Framework publication date and update history
- October 2019 FRAMEWORK 2019 2019
- Eligible use-of-proceeds categories
- Climate and environment friendly projects promoting low-carbon and climate resilient economy SPO 2018 2018
- Project evaluation and selection process description
- Formal process for project evaluation and selection with governance processes to select, manage and report on projects effectively and transparently SPO 2018 2018
- Management of proceeds approach
- Structured management including funding profile, refinancing, increases and buy-backs, coupon payments, redemption, liquidity warehousing, and loan repayment FRAMEWORK 2019 2019
- Reporting commitments under framework
- Project monitoring and reporting commitments FRAMEWORK 2019 2019
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Conceptually aligned with Green Bond Principles, ICMA, 2025 SPO 2025 2025
- Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
- Adheres to ICMA's Sustainability-Linked Loans financing Bonds Guidelines (SLLBG), 2024 (with June 2025 Annex) SPO 2025 2025
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- S&P Global Ratings, September 10, 2025 SPO 2025 2025
- SPO assessment scope and methodology
- Assessment of whether documentation aligns with ICMA Sustainability-Linked Loans financing Bonds Guidelines and Green Bond Principles; opinion on how issuer's material sustainability factors are addressed SPO 2025 2025
Changes Over Time
Items where disclosed information changed across documents.
Sustainable bond framework name and version
Bond types covered under framework
Project evaluation and selection process description
2018 Initial project screening includes qualitative and quantitative environmental impact ratings at sector and project level. Impact assessed and reported before and three years after implementation, quantitatively and qualitatively. →
2019 Process for Project Evaluation and Selection outlined in framework section 1
Management of proceeds approach
2018 Documented approach including funding profile, re-financing, increases and buy-backs, coupon payments, redemption, liquidity warehousing, and NEB loan repayment →
2019 Includes funding profile, refinancing, increases and buy-backs, coupon payments, redemption, liquidity warehousing, and NEB loan repayment
Use of proceeds categories
Core business activities
Corporate mission and sustainability strategy
SPO assessment scope
2018 Evaluation of Environmental Bond Framework alignment with climate and environment friendly investment principles, governance procedures, project selection, management and reporting processes →
2024 Alignment of sustainable finance instrument documentation with third-party published sustainable finance principles and material sustainability factors
Document Updates
What changed between successive versions of documents.
The two versions of the NIB Environmental Bond Framework are nearly identical in structure and substantive content. Both documents present the same framework, processes, and governance mechanisms for NIB Environmental Bond issuance. The only discernible difference is a minor wording change in the final sentence where "rec" in the 2018 version appears to be completed as "receive" in the 2019 version, which represents a negligible correction rather than a material policy change. No substantive modifications were made to use of proceeds categories, eligibility criteria, climate targets, standards alignment, exclusion criteria, or reporting commitments between these versions.