Green Bond Fact Sheet

This fact sheet details a SEK 6 billion (USD 604 million) green bond issued by Stora Enso on February 20, 2019, marking the first entry of a Finnish forest product company into the green bond market.

• Stora Enso issued a senior unsecured green bond on February 20, 2019, with a total amount of SEK 6 billion (approximately USD 604 million) and a maturity date of February 20, 2024.
• The bond proceeds are designated for projects involving sustainable forestry, renewable energy, water, waste, energy efficiency, and renewable, low carbon, or eco-efficient product technologies and processes.
• Eligible renewable energy projects focus on power generation from waste products and biomass, including associated infrastructure. Energy efficiency projects must achieve a 20% improvement threshold and cannot be linked to operations primarily powered by fossil fuels.
• The Climate Bonds Initiative (CBI) notes that the use of proceeds for operating expenditures and R&D is not aligned with the Climate Bonds Taxonomy; such allocations must not exceed 5% for the bond to remain in the CBI Green Bond Database.
• Stora Enso intends to provide annual reports on the allocation of proceeds and their impacts, specifically tracking CO2 avoided and the percentage of land certified by PEFC and FSC.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-02%20FI%20Stora%20Enso.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-02%20FI%20Stora%20Enso.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=20 February 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-02%20FI%20Stora%20Enso.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/2019-02%20FI%20Stora%20Enso.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }