Better terms at the bank

Sustainability is becoming an increasingly important part of how banks assess companies.

This is due to new rules from the EU that require financial institutions to understand and document sustainability risks in their portfolios. To do this, banks need more structured information from the companies they finance.

This is now also noticeable in credit processes. DNB, for example, has confirmed that sustainability is part of the bank's credit assessment of companies.
(Source: Økonomi24 - DNB integrates ESG in credit assessment https://www.okonomi24.com/nyheter/dnb-integrerer-esg-i-kredittvurderingen/124296)

For small and medium-sized companies, the EU has therefore developed the VSME standard - a common European format for sustainability reporting. The standard makes it easier for banks, investors and customers to request and understand relevant sustainability information.

When companies can document their sustainability work in a structured way, it becomes easier for the bank to make its assessment. This can contribute to more efficient credit processes - and in many cases better financing terms.

Kimaa has been developed in line with the VSME standard and makes it easier for companies to collect and structure this information.