Kommuninvest’s green bond framework is aligned with the Green Bond Principles (GBP), of which Kommuninvest is a member. The GBP recommends issuers to use an external review to confirm the alignment of their green bonds with the key features of the GBP, to provide investors and other interested parties with independent assurance.
Kommuninvest engages such external input in two ways. Firstly, the green bonds framework has a second party opinion from Cicero, the Oslo-based climate and environmental research institute. The second opinion is available in the Green Bonds section of Kommuninvest’s website.
Secondly, Kommuninvest engages its external auditor to provide assurance on the management of proceeds obtained from the issuance of green bonds. The first such review was performed in March 2016. The third review, which has formed the basis for the report published today, was performed in June 2018.
The report has been undertaken in accordance with the Swedish standard for agreed-upon procedures engagements, SNT 4400, which is based on the International Standard on Related Services, ISRS 4400. The report, including the list of Eligible Loans that were part of the review, are available for download below.
Kommuninvest Green Bonds Assurance Report 2018
For further information
Björn Bergstrand, Head of Sustainability and Senior Investor Relations Manager
+46 708 86 94 76, e-mail: bjorn.bergstrand@kommuninvest.se
Tobias Landström, Deputy Head of Debt Management
tel: +46 705 86 78 51, e-mail: tobias.landstrom@kommuninvest.se