Nykredit’s climate-sensitive exposures jump to Dkr67bn in H1

Conservative methodology and Spar Nord acquisition triple bank’s climate risk

Nykredit’s physical climate risk swelled in the first six months of the year, driven by the adoption of a more conservative methodology and the purchase of Spar Nord Bank on May 28.

In sectors judged vulnerable to climate change, the Danish lender reported Dkr66.8 billion ($10.4 billion) of exposures sensitive to physical climate risk, more than three times the Dkr19.7 billion it disclosed at the