In mid-2016, SBAB became the first bank in Sweden to issue a green bond, and has been a recurring issuer ever since. A green bond actually works just like a normal bond, the exception being that the funds raised are designated for environmentally or climate friendly projects. By purchasing green bonds, investors can be involved and finance projects that are sustainable.
How it works
The funds SBAB raises through our green bond issues are used to finance or refinance residential properties that meet a number of energy-efficiency criteria or hold certain environmental certification. The terms for onward lending and the conditions for issuing our green bonds are described in more detail in SBAB’s green bond frameworks (“SBAB Green Bond Framework 2016” and “SBAB Green Bond Framework 2019”). The independent climate and environmental research institute, Center for International Climate and Environmental Research – Oslo (CICERO) has reviewed SBAB’s sustainability work and approved the investment categories chosen as green investments.