The European Commission, which wants to steer investors to socially and environmentally sustainable assets, is proposing that only buildings certified as super-energy efficient by national authorities be included in its taxonomy. Being excluded would make financing more expensive.
But national energy requirements differ and since Sweden imposes some of Europe’s toughest, the EU’s framework would ultimately dramatically shrink the pool of Swedish assets that could be funded with green bonds. The Swedish Bankers’ Association says the fallout could leave just 1 percent of the total eligible, compared with as much as 20 percent in other countries.
Already a subscriber? Log in.
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
Get full access for you and your coworkers.
Start a free company trial todayMore from AMWatch
Three of last year's top Swedish funds are having a tough start to 2022
Some of the success stories of 2021 have been hit hard by the January market volatility, but the managers say they're not worried.
Sustainability hub founder fears Article 8 will become "greenwashing article"
”We need clarity on what can be claimed as sustainable, and need to ask ourselves whether SFDR is working as intended,” says Andreas Friis, founder of Sustainability Hub Norway (S-HUB). He wants more debate about the new classification requirement.
Akademikerpension divests utility companies
More than 200 utility companies have been excluded from Akademikerpension's investment universe. The pension fund is now divesting equities and bonds equivalent to 0.5 percent of assets under management.
Qblue aims to reach a wider audience
Bjarne Graven Larsen's QBlue Balanced wants to reach more international investors, he tells AMWatch. He also discusses why he thinks the quant winter has made way for a quant spring.
Evli records AUM growth exceeding 24 pct
New client wins, additional investments from existing clients and the positive market impact increased the assets under management by private and institutional mandates to a new record, writes Evli Group CEO Maunu Lehtimäki.
