Majority of MuniFin’s new long-term customer financing was sustainable for the third consecutive year in 2025 – sustainable finance impact reports published

MuniFin’s Green Impact Report and Social Impact Report for the year 2025 are now released. The reports compile the key metrics on the impacts of the sustainable projects we have financed.

For MuniFin, sustainable finance products are a means of encouraging our customers to make more responsible investments. The aim of our green and social finance is to create significant benefits for the environment and society.

In the impact reports, we summarise the impact and calculation principles of both our green and social finance projects. The key indicators include, for example, energy savings, avoided or reduced CO₂ emissions, and amount of treated waste water in the green projects and the numbers of apartments offering housing for the most vulnerable population and service users and patient visits in the social projects.

“We want to support our customers’ positive development and make sustainable choices even more accessible. Through our green and social finance, we aim to manage our impact and the ESG risks material to us in accordance with our sustainability agenda”, says Mikko Noronen, Sustainability Manager at MuniFin.

In 2025, we updated our green and social bond frameworks. The most significant changes concerned the green bond framework, as the update shifted emphasis from energy efficiency to lifecycle emissions and opened up the opportunity for our customers to apply for green finance also for projects that promote biodiversity conservation and climate change adaptation.

MuniFin’s history of green finance dates back to 2016, when we issued our inaugural green bond. Since then, we have been bridging the gap between international capital markets and the sustainable investments of Finnish municipalities and organisations providing affordable social housing.

“During the past decade, our customers have grown more ambitious and more capable in reducing their climate impacts and developing innovative solutions. Sustainability has become a key factor in their investment decisions”, says Joakim Holmström, Executive Vice President Capital Markets and Sustainability.

In 2025, we also introduced sustainability-linked loan, designed to encourage municipal climate action. The new loan was well received among our customers. More information about the sustainability-linked loan is available in our 2025 Annual Report.

Further information

Mikko Noronen, Sustainability Manager
Tel. +358 50 4797 533

Elina Sääskilahti, Sustainability Manager
Tel. +358 41 5438 695

Email address format is firstname.lastname@kuntarahoitus.fi.