Corporate client

Corporate client

Petter Heier (CEO Grieg Green) about sector specific knowledge.

"My advice to ABN AMRO is to continue the dialogue with clients on sustainability and use its leverage to make them act responsibly."

Corporate Banking’s Relationship Managers are specialised in a particular sector and use their in-depth knowledge to support clients in embedding sustainability in their business. One of those clients is Grieg Green, which provides ship recycling services to companies in the shipping industry. Petter Heier, CEO of Grieg Green, describes the cooperation with ABNAMRO: “Our parent company Grieg Shipping Group had worked with ABN AMRO before, so they knew about our recycling operations. ABN AMRO wanted to know more about what we were doing and thinking in terms of sustainability, and we quickly found common ground. As a result, ABN AMRO now provides funding for our sustainable recycling solutions. Moreover, we got access to a network of potential business partners. The bank connected us to ship owners in North America and Southeast Asia. We share knowledge with each other whenever an interesting development occurs. For example, we recently made a financial and environmental analysis for a ship that was bound to be recycled in Pakistan. Based on ABN AMRO’s research, it turned out that Turkey was the better option in both respects.”