SG Finans has been awarded Most Innovative Climate Impact SME Finance Scandinavia 2019 by the Capital Finance International (CFI.co) Awards. The award recognizes SG Finans’ role as a key financer of Nordic small and medium-sized enterprises (SMEs) to accelerate regional business growth and climate change action.
CFI.co is a London-based publication reporting on business, economics and finance. Each year, CFI.co seeks out individuals and organizations that contribute significantly to the convergence of economies and add value for all stakeholders. The CFI.co awards process is comprehensive, with initial nominations based on input from readers, subscribers and contributors, followed by thorough assessment by a senior judging panel. Short-listed nominees are invited for an interview to furnish the judges with extra information as the process continues.
Accepting the award, Hans Einar Herzog, deputy CEO at SG Finans, commented: “We are proud that our efforts to support the green transition in Scandinavia are recognized by CFI.co. SG Finans has an ambition to advise and assist our 50,000 SME clients in their transition to a greener future by offering financing solutions that support their ability to both maintain a sustainable growth and invest in green technology and equipment. In partnership with international financial institutions we finance this transition by facilitating and accelerating financing of more climate friendly solutions. We observe that asset financiers have an important role in preparing and contributing to the significant shift necessary to limit climate change and to have an impact on our future environment. In this respect the recognition from CFI, our clients and our partners further stimulates our efforts to innovate and contribute to positive impact finance.”