Länsförsäkringar Bank publishes European Green Bond Factsheet as the first Nordic bank

Länsförsäkringar Bank (LF Bank) and Länsförsäkringar Hypotek have published their European Green Bond Factsheet in alignment with the EU Green Bond Standard, becoming the first Nordic bank to establish such a Factsheet.

The Factsheet enables potential future issuance of European Green Bonds and reflects Länsförsäkringar Bank’s commitment to high standards of transparency and sustainable finance.
 

Proceeds from future issuances are intended to finance or refinance mortgages financing energy-efficient residential buildings aligned with category 7.7 (Acquisition and ownership of buildings) of the EU Taxonomy. Länsförsäkringar Bank intends to issue future European Green Bonds under this Factsheet to support the financing of such energy-efficient residential buildings.

“By aligning with the new European Green Bond standard, we are strengthening our green bond funding further and supporting the development of a robust, transparent market for sustainable finance in Europe. Energy-efficient and fossil-free heating of housing is central in Sweden, and this framework will assist in channeling capital towards residential properties that meet stringent EU sustainability criteria” says Axel Wallin, Head of Sustainability, Länsförsäkringar Bank.

The Factsheet has been reviewed and positively assessed by Sustainable Fitch, confirming its compliance with the requirements of the European Green Bond Regulation as well as with the International Capital Market Association (ICMA) Green Bond Principles.

Danske Bank acted as the European Green Bond Factsheet advisor in the process.

The European Green Bond Factsheet is available on Länsförsäkringar Bank’s website:
Gröna obligationer

 

Read more about Länsförsäkringar Bank, LF Bank:
https://www.lansforsakringar.se/financial-bank/

For further information, please contact:

Andreas Larsson, Head of Investor Relations Länsförsäkringar Bank AB,
+46 (0)720 84 36 34, andreas.larsson@lansforsakringar.se

Axel Wallin, Head of Sustainability Länsförsäkringar Bank AB,
+46 (0)70 216 02 30, axel.wallin@lansforsakringar.se

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The Länsförsäkringar Alliance is comprised of 23 local and customer-owned regional insurance companies and the jointly owned Länsförsäkringar AB. Customers are provided with a complete offering of banking and life and non-life insurance services through their local, regional insurance companies. We offer animal and crop insurance through Agria Djurförsäkring, total solutions for reliable mortgage transactions through LF Fastighetsförmedling, and financing services such as leasing, instalment payments, and loans through LF Finans.

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