What does Netto do?
Netto's software helps banks and their commercial property portfolios accelerate their transition into the green economy and net-zero.
As the world moves towards a more sustainable future, the banking industry faces increasing pressure to align with global climate goals. Netto plays a critical role in helping banks manage that green financing, providing tools for benchmarking, advising, and enabling a fast-track journey to net-zero emissions before 2050.
The net-zero banking commitment
Many banks, including those in Norway, have committed to achieving net-zero emissions by 2050 as part of the Net Zero Banking Alliance. This commitment requires significant reductions in carbon footprints and careful management of climate-related risks. For most banks, the bulk of emissions come from financed activities, particularly energy-intensive commercial real estate portfolios. Netto helps banks address these challenges by improving data collection, providing actionable insights, and enabling more sustainable practices.
Green finance is not just a trend—it is a critical strategy for reducing climate and transition risks, meeting regulatory requirements, and unlocking opportunities in a sustainable economy.
Green finance involves funding sustainable projects that drive positive environmental outcomes, including green loans, climate-linked bonds, and other financial products. It enables banks to:
Align with Paris Agreement goals.
Mitigate climate and transition risks.
Strengthen reputation and market position in the growing green economy.
Netto software equips Norwegian banks with the tools they need to assess, onboard, and manage green building portfolios:
Simplifying green loan management
Tracks real-time and estimated energy performance of buildings.
Verifies compliance with certifications like BREEAM, LEED, and more.
Generates reliable real and estimated data to approve loans faster and with greater confidence.
Reducing climate and transition risks Netto helps banks analyse risks, including:
Physical risks: Assess vulnerability to extreme weather events.
Transition risks: Evaluate the financial impact of shifting to low-carbon operations.
Supporting net-zero targets with PCAF and CRREM Netto integrates global frameworks like the Partnership for Carbon Accounting Financials (PCAF) and Carbon Risk Real Estate Monitor (CRREM) to:
Calculate financed emissions across portfolios.
Identify pathways to meet energy consumption and sustainability targets.
Ensure compliance with EU Taxonomy and global standards.
Enabling energy optimisation Netto’s platform provides actionable insights, helping banks:
Recommend energy-saving upgrades to clients.
Track improvements in real-time.
Ensure sustained compliance with green finance criteria.
Streamlined onboarding and engagement Netto enables banks to onboard buildings and projects directly to the platform, fostering collaboration between banks and building operators.
More on how we help banks meet climate goals
Netto provides a data-driven software solution designed to improve the accuracy of green financing tracking. We partner with banks to analyse their portfolios and guide them through decarbonisation.
Netto offers actionable insights that align with stringent sustainability standards by leveraging data directly from energy providers and adhering to global frameworks like the Partnership for Carbon Accounting Financials (PCAF) and Carbon Risk Real Estate Monitor (CRREM).
Avoiding stranded assets
One of the primary concerns for banks is mitigating the risk of stranded assets—properties that lose value or even become unusable as the world transitions to a low-carbon economy.
If an average commercial bank made no effort to transition to green financing, up to 97% of its assets would be stranded by 2050. Netto helps banks avoid this risk by identifying potential future liabilities and providing recommendations to decarbonise and improve the energy efficiency of these assets.
Reducing risks and associated costs
Netto gives banks real-time insights into the environmental and financial health of commercial properties. This helps reduce the risk of stranded assets that may lose value due to changing regulations.
Netto also helps banks optimize existing green loans and even assists with issuing new ones through the platform. By monitoring cash flow performance and ensuring properties meet sustainability standards, Netto can reduce the likelihood of loan defaults, putting banks in control of their green finances.
Improving data quality and transparency for bank's and their stakeholders
Accurate and high-quality data (including projections and estimations) is crucial for banks to assess their climate impact. Netto excels in improving data quality by utilising information directly from energy sources, allowing banks to gain a clearer understanding of the carbon footprint of their property holdings.
Netto's commitment to a green future
Founded in Norway in 2023, Netto currently works with several Norwegian banks and has over 1,000,000m2 of commercial property on the journey to net-zero through our software.
By improving data accuracy and enabling smarter decisions, Netto helps banks stay on track to meet even the most ambitious net-zero targets.
Netto is committed to supporting banks in their journey to net zero by 2050, providing innovative and greener solutions for more profitable financial portfolios and a sustainable future.