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Green Bond

Sunndal Sparebank have made our second "Green Bond Framework" in 2024. In 2019 Sunndal Sparebank were the first savings bank to issue a Green Bond, based on our first framework.

Sunndal Sparebank have prepared a Green Bond Framework and Sustainalytics have carried out an independent Second-Party Opinion of the framework.

Sustainalytics is of the opinion that the Sunndal Sparebank Green Bond Framework is credible and impactful and aligns with the four core components of the Green Bond Principles 2021.

 

The Framework defines eligibility criteria in three areas:

1. Green Buildings
2. Clean Transportation
3. Renewable Energy

 

Sunndal recognizes its role in facilitating the necessary transition to a low-emission society by allocating capital towards green assets and projects. ESG is an integral part of the Bank’s strategy, and the goal is to take an active approach to ESG throughout private, corporate and agricultural customers. And help implement initiatives and solutions that have a positive environmental and social impact. By issuing a green bond, Sunndal Sparebank is taking an important step towards a sustainable future.

 

Swedbank have been engaged as an advicer to Sunndal Sparebank.

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Former Green Framework

The Banks first Green Framework from 2019 and independent Second-Party Opinion from Cicero (Center for Climate Research) Reports for the period 2020 - 2023. The new "Green Bond Framework May 2024" replace the green framework from 2019.

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