AMWatch

Storebrand releases first allocation report for green bonds

The Norwegian financial group has now invested roughly 80 percent of the EUR 300m issued as green bonds – and has publicized its first allocation report on sustainable investments.

Storebrand Group CEO, Odd Arild Grefstad. | Photo: Lise Eide Risanger/Storebrand/PR

In March, Storebrand issued green bonds worth EUR 300m, EUR238m of which is now invested and accounted for in a new allocation report – the company's first.

"Transparency about capital employment is one advantage of green bonds, and we want to provide fixed income investors with ongoing information until all the capital is invested. Some reports ensure that the money actually achieves the intended climate benefit, and provide investors with important information that they can use for their own reporting," Storebrand Group Chief Executive, Odd Arild Grefstad, tells AMWatch's Norwegian sister media FinansWatch.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch