DnB NOR adopts the Equator Principles

Oslo - 29 May 2008

DnB NOR is proud to announce the adoption of the Equator Principles, a voluntary set of guidelines for managing environmental and social issues in project finance. The Equator Principles have become a financial services industry benchmark on how to assess and manage environmental and social risks in capital investment projects globally. The Principles were introduced by private sector banks in 2003 and are based on the environmental standards of the World Bank and the social policies of the International Finance Corporation (IFC). Close to 60 international banks, including the majority of the world's leading project lenders, have adopted the Principles.

In implementing the Equator Principles, DnB NOR confirms its commitment to sustainable development, and this complements the Group's participation in initiatives such as the United Nations Global Compact, the United Nations Environmental Programme – Financial Initiative (UNEP–FI), the Carbon Disclosure Project and the UN Principles for Responsible Investment. The adoption of the Equator Principles is consistent with DnB NOR's tradition of thorough risk analysis and control and will be an important tool in further ensuring environmental and social risk management in future project finance.

Dag Arne Kristensen
Executive vice president, External Relations
+47 90140706; JLIB_HTML_CLOAKING