SEB’s green bonds
In a world with ever-increasing awareness on climate concerns, green bonds raise industry engagement by encouraging investments in sustainable projects, processes and technologies. It does so with a transparency that allows investors to understand the challenges and solutions and thus diversify risk.
SEB is recognised as a pioneer in the green bond market through a close collaboration with the World Bank in 2007/2008, in the creation of the World Bank’s first green bond - which was the start of institutional investors’ activation of mainstream portfolios for climate investments.
It’s a simple model: proceeds from companies and organisations that issue green bonds are allocated to eligible green projects according to pre-defined criteria, verified by environmental specialists. Transparency is guaranteed through regular reporting of the green bond projects.
Green bond investor reports
SEB publishes a Green bond investor report to investors annually containing (i) information on issued green bonds, (ii) a description of the allocation of proceeds for each category of eligible green loans (including project examples where customer approval for publication has been obtained) and (iii) the total amount of disbursed funds. SEB encourages its customers to perform impact reporting and intends to include details of such customer impact reporting in the Green bond investor report where applicable.
SEB’s Green Bond Framework 2022
In January 2022, SEB updated its green bond framework to align certain categories of eligible green assets with the EU Taxonomy. The framework is aligned with the Green Bond Principles by International Capital Markets Association (ICMA).
SEB has received a second opinion from Cicero Shades of Green on the bank’s Green Bond Framework.
SEB’s Green Bond Framework 2016
Green Bond transactions
|ISIN||Size||Issue date||Maturity date|
|XS2442768227||EUR 1,000m||9 February 2022||9 August 2027|