Kommuninvest publishes impact report for social bonds

Within the framework of Kommuninvest’ s financing program for social sustainability, a loan portfolio has been built with social investment projects in about 25 locations in Sweden. Many municipalities choose to make social investments with the aim of creating safer residential areas, promoting integration, and generating added value for residents, property owners, and local associations and businesses. These investments are financed with Loans for Social Sustainability while also promoting systematic work and a culture of impact evaluation within social sustainability, which includes planning, monitoring, evaluation, and financing of initiatives.

- We see that the interest in socially sustainable investments is growing and that it is becoming an increasingly important tool for building preparedness and creating safer residential areas. There are many good examples, and we want this report to also serve as inspiration for even more social initiatives. This is our very first impact report for social bonds, and our ambition is to continue publishing and developing this report in the future, says Katarina Ljungqvist, CEO at Kommuninvest AB.

Loans for Social Sustainability can be granted to municipalities and regions, including their companies, that want to strengthen and highlight their work for social sustainability. The financing is conditional on targeted social initiatives aimed at achieving defined social goals.

Since the beginning of 2025, Kommuninvest’ s volume of Loans for Social Sustainability has continued to increase. At the time of this report's publication, Kommuninvest has 32 social investment projects in 23 municipalities, and 14.3 billion SEK in committed loans, of which approximately half have been disbursed. In the light of this volume growth, Kommuninvest was able to issue three billion SEK in an initial social bond at the beginning of April 2025.

*The report includes 25 investment projects financed by the Loan for Social Sustainability. The information in the report is largely based on feedback from the borrowers. It has been reviewed by Kommuninvest but has not been verified or audited by a third party. However, Kommuninvest has commissioned Ramboll Management Consulting AB to provide an objective assessment of the results submitted by the borrowers.

**Kommuninvest’ s framework for social bonds has been developed with advice from Danske Bank and SEB and aims to ensure transparency and clear criteria for financing socially sustainable projects.

Read the report: Social Bonds Impact Report
Presentation “Loans for Social Sustainability”

Examples of what social funded investment projects include:

• Construction of a new elderly care facility with modern and adapted amenities for an aging population.
• Renovation and expansion of schools to meet growing educational needs.
• Development of housing with a social focus, including sheltered housing and homes for vulnerable groups.
• Responsible upgrading and development in socially disadvantaged neighborhood areas.
• Investments in social infrastructure, such as family centers and health-promoting initiatives.

For more information:
Björn Bergstrand, Head of Sustainability, Phone: +46 (0) 70-886 94 76
Email: bjorn.bergstrand@kommuninvest.se

Victoria Preger, Chief Communication Officer, Phone: +46 (0) 70-266 87 26
Email: victoria.preger@kommuninvest.se