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Export Finance NorwayNorway

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Last update: 2024-08-26 14:59:14
Export Finance Norway logo. Photo: Export Finance Norway

Active

This profile is actively maintained
Last update: 2024-08-26 14:59:14
About
Website https://www.eksfin.no
Headquarters
Støperigata 1
0250 Oslo
Norway
CEO/chair Tone Lund Bakker
CEO
Supervisor
Ownership

Export Finance Norway is a governmental organisation and as such wholly owned by the Norwegian government.

Export Finance Norway (Eksfin) is a governmental financial enterprise established on 1 July 2021 through the merger of the Norwegian Export Credit Guarantee Agency (GIEK) and Export Credit Norway. Eksfin reports to the Ministry of Trade, Industry and Fisheries (MTIF). It promotes Norwegian exports by issuing guarantees on behalf of the state. The agency has been in operation since July 2012 and mainly finances oil & gas – and maritime industries. Export Finance Norway became an Equator Principles signatory in 2014.

Sustainability
Commitments
Policies
Voluntary standards

Eksfin's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

Material issues

Environmental and social due diligence

Date listed represents date as accessed on website
Bank policy
2021-10-12 00:00:00 | Export Finance Norway

Sustainability policy

Date listed represents date as accessed on website
Bank policy
2021-10-12 00:00:00 | Export Finance Norway

Responsible ship recycling standards

Bank policy
2018-11-01 00:00:00 | Export Credit Norway

Sustainable lending and export credits

OECD Guidelines
Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Statement from Participants to the Arrangement on Officially Supported Export Credits

OECD Guidelines
Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Guidelines for mobile units

Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Environmental and social risk management

Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Guidelines to combat corruption

Bank policy
2018-10-30 00:00:00 | Export Credit Norway
Export Finance Norway has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
IFC Performance Standard 1: Assessment and Management of Environmental and Social Risks and ImpactsTags: Equator Principles
OECD Guidelines for Multinational EnterprisesTags: human rights | corporate social responsibility | dams | OECD | consumer safety | corruption | cultural preservation | worker rights | supply chain | taxation | mining and processing
OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (OECD Common Approaches)Tags: finance | OECD | transparency
Poseidon PrinciplesTags: corporate social responsibility | shipping
UN Guiding Principles on Business and Human RightsTags: United Nations | human rights
United Nations Global CompactTags: United Nations | human rights
News
Resources
Documents

Annual report 2022

Annual report
2023-05-08 00:00:00 | Export Finance Norway

Annual report 2021

Annual report
2022-10-06 00:00:00 | Export Finance Norway

Environmental and social due diligence

Date listed represents date as accessed on website
Bank policy
2021-10-12 00:00:00 | Export Finance Norway

Sustainability policy

Date listed represents date as accessed on website
Bank policy
2021-10-12 00:00:00 | Export Finance Norway

GIEK Annual report 2020

Annual report
2021-06-08 00:00:00 | Norwegian Export Credit Guarantee Agency (GIEK)

Export Credit Norway Annual report 2020

Annual report
2021-06-08 00:00:00 | Export Credit Norway

Annual report 2019

Annual report
2020-10-20 00:00:00 | Export Credit Norway

Annual report 2018

Annual report
2019-07-31 00:00:00 | Export Credit Norway

Responsible ship recycling standards

Bank policy
2018-11-01 00:00:00 | Export Credit Norway

Sustainable lending and export credits

OECD Guidelines
Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Statement from Participants to the Arrangement on Officially Supported Export Credits

OECD Guidelines
Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Guidelines for mobile units

Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Environmental and social risk management

Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Guidelines to combat corruption

Bank policy
2018-10-30 00:00:00 | Export Credit Norway

Annual report 2017

Annual report
2018-03-31 00:00:00 | Export Credit Norway

Annual report 2015

Annual report
2016-03-31 00:00:00 | Export Credit Norway
Accountability
Grievances

Export Finance Norway does not operate a complaints or grievance mechanism for individuals or communities who might have been affected by its finance.

Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).

Export Finance Norway is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Export Finance Norway's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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