Sustainable Finance

Sustainable Finance

Sustainable finance is a crucial component of the green transition.

Sustainable finance means investing and debt financing, using public or private capital, that takes environmental and social considerations into account. It is the financial market’s response to the emissions reduction targets set in global climate agreements, which require massive, long-term investments in sustainable initiatives. The demand has translated into major changes in legislation, most notably the EU’s sustainable finance package consisting of the Taxonomy Regulation, the Disclosure Regulation and the Low Carbon Benchmark Regulation, which apply automatically to all Member States.

Be it green bonds, ESG-linked lending or other instruments, our team supports you in moving towards sustainability. You can be confident that your project meets the latest sustainability standards.

Latest references

We advised Gasum Oy in a long-term financing arrangement of a total of EUR 565 million with its current lenders. The arrangement includes term loans and revolving credit facilities. It introduced certain sustainability targets, as the margin of the sustainability-linked revolving loan facility is tied to Gasum’s own sustainability goals, which are related to volumes of renewable gas, production of sustainable biogas, and safety. In addition, a part of the term loans is utilised as a green loan to finance Gasum’s strategic investments into increased biogas production both by expanding its production at the existing plants and by constructing new large-scale plants. Nordea acted as coordinator, OP Corporate Bank as sustainability coordinator, and SEB as co-coordinator and agent of the financing arrangement.
Case published 18.6.2024
We advised DNB Bank ASA in its agreement with Fennia Mutual Insurance Company on the development and lease of the premises at Fabianinkatu 8, Helsinki. With the lease agreement, DNB Bank ASA will focus all its Finnish operations at the Fabian 8 office. The other tenants at the renewed premises will be DNB Carnegie Investment Bank AB’s Finnish operations and DNB Auto Finance Oy. In connection with the long-term lease agreement, the parties also agreed on a major renovation project to completely refurbish the premises. The object of lease will be completed in the second half of 2027.
Case published 10.10.2025
We advised Yellow Film Studios, the largest independent film and television production company in the Nordics, in its strategic merger with Danish film industry sales and financing studio REinvent Studios. Together they form Reinvent Yellow, a unified hub for television and film production, sales, financing and innovation, combining over three decades of production experience and a vast catalogue of titles.
Case published 8.10.2025
We successfully represented a panel of reinsurance companies in an international ad hoc arbitration. The dispute arose out of a reinsurance treaty under the terms of which the reinsurers had reinsured a portfolio of risks underwritten by the cedent. The parties disagreed as to whether the reinsurance provided coverage for a certain loss that had occurred because of the market turmoil caused by the Covid-19 pandemic. The case involved highly complex legal and contractual questions requiring special expertise on reinsurance law and practice. The arbitral tribunal rejected the counterparty’s claims for reinsurance compensation against our clients in full. The amount in dispute was approximately EUR 34 million.
Case published 16.9.2025