Green Bond Fact Sheet
Summary
This fact sheet details a EUR 500 million green bond issued by Svenska Handelsbanken on July 3, 2018, with a five-year tenor. The proceeds are allocated to renewable energy, clean transport, waste and water management, green buildings, and sustainable forestry.
Key insights
- Svenska Handelsbanken issued a senior unsecured green bond on July 3, 2018, for an amount of EUR 500 million (USD 583 million) with a maturity date of July 3, 2023.
- The bond's proceeds are designated for several categories: renewable energy (including solar, onshore wind, geothermal, and waste to energy), clean transport (including electric and low emission vehicles, passenger trains, and freight rolling stock), water and wastewater management, waste management (recycling and waste prevention), green buildings, and sustainable forestry.
- Specific eligibility criteria are set for green buildings and forestry. Buildings must be certified at levels such as Miljöbyggna Silver, BREEAM-SE Very Good, BREEAM-in-use Very Good, LEED Gold, or Svaven, or demonstrate 15% lower energy use than national building codes. Large-scale forestry over 1,500 hectares requires FSC or PEFC certification, while small-scale forestry between 50 and 1,500 hectares must comply with the Swedish Forestry Act.
- The Climate Bonds Initiative notes that the issuer's definition of small forestry holders exceeds the Forestry Stewardship Council (FSC) definition for Sweden, which is up to 1,000 hectares, though the Swedish Forestry Act is considered to provide sufficient assurance of sustainable management.
- The bond attracted approximately 100 investors from Europe, with the highest concentrations in Germany and Austria (29%), the Nordics (22%), France and Benelux (16% each), and the UK (9%).
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-07%20SE%20Svenska%20Handelsbanken.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-07%20SE%20Svenska%20Handelsbanken.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=3 July 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-07%20SE%20Svenska%20Handelsbanken.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2018-07%20SE%20Svenska%20Handelsbanken.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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