Kommuninvest English

Kommuninvest’s Green Bonds Programme is approved in external review

27.12.2024 07:25:00 CET | Kommuninvest English | Pressmeddelande

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The Green Bonds Framework is aligned with international guidelines, the so-called Green Bond Principles(GBP). There is a recommendation that issuers should use recurring external scrutiny to confirm that the green bonds meet key GBP criteria.

Kommuninvest's Green Bonds Framework every year undergoes an external review. The aim is to continuously provide assurance on the management of proceeds obtained from the issuance of these bonds. This year's assurance report, from Kommuninvest's external auditor EY, is now available.

Kommuninvest is Sweden's largest issuer of Green Bonds with twelve green bonds outstanding in SEK, USD and EUR. The Green Bonds proceeds are used to finance lending for green investments in the municipal sector. At mid-December, Kommuninvest had granted Green Loans totaling over SEK 125 billion, for over 700 investment projects in nearly 200 municipalities and regions.

The report: Kommuninvest Green Bonds Assurance Report 2024

For further information
Björn Bergstrand, Head of Sustainability, +46 708 86 94 76, e-mail: bjorn.bergstrand@kommuninvest.se
Victoria Preger, Chief Communincation Officer, tel: +46 702 66 87 26, e-mail: victoria.preger@kommuninvest.se

Kontakter

We finance welfare

Kommuninvest is a municipal cooperation for efficient and sustainable financing of housing, infrastructure, schools, hospitals etc. Together we get better loan terms than each one individually. Since the start in 1986, the Kommuninvest collaboration has helped reduce the local government sector’s borrowing costs by many billion SEK. Currently, 294 municipalities and regions are members of this voluntary cooperation. With a balance sheet total of more than SEK 600 billion (USD ~55 billion), Kommuninvest is the largest lender to the local government sector and one of the ten largest credit institutions in Sweden. The head office is located in Örebro.

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