Advancing to Net-Zero Commitment, NLB Group Publishes the Second Round of Portfolio Targets

NLB Group has taken a phased and sector-specific approach to setting targets aligned with the NZBA. The included scope comprises the corporate credit portfolio, the leasing portfolio in Slovenia, and the retail mortgage portfolio, ensuring that the NZBA exercise captures the most material segments of the Group’s lending activities in alignment with transition objectives.

If the first round our net-zero strategy focused on sectors such as power generation, iron and steel, residential mortgages, and commercial real estate; in the second round NLB Group applied a broader lens not only to targeted sectors, but also to target-setting metrics, exploring a range of target types beyond emissions-based targets alone. As a result, sectors such as commercial and residential real estate, road freight corporates, leasing (passenger cars), agriculture, oil and gas, cement, and aluminium are included, with targets covering emissions, financing, client engagement, and other key activities for the implementation of our commitments.

We invite you to explore our second Net-Zero Disclosure Report, which provides further insights into our sustainability initiatives and emissions reduction targets. The report is available on the link below.