Green Bond Fact Sheet
Summary
This fact sheet details a SEK 1bn (USD 107.8m) green bond issued by Electrolux on March 27, 2019, with a five-year tenor maturing on March 27, 2024. The bond is a senior unsecured instrument intended to finance projects across energy, buildings, waste management, and industrial processes, aligned with the company's sustainability promises.
Key insights
- Electrolux issued a green bond totaling SEK 1bn (approximately USD 107.8m) on March 27, 2019, with a maturity date of March 27, 2024, and a coupon rate of 1.103%.
- The bond's proceeds are allocated to five specific categories of eligible projects: improving product energy and water efficiency (targeting at least 15% improvement in weighted average energy efficiency), increasing recycled material use (targeting at least 25% recycled material in the matrix), eliminating harmful materials (targeting refrigerants and foam blowing agents with a GWP higher than 15 CO2eq), reducing operational environmental impacts in buildings and equipment, and generating renewable energy (including geothermal, wind, solar, and bio-based energy).
- Electrolux allows for the financing or re-financing of processes using fossil fuel-based energy generation if the percentage is below 5% or if no technically and economically viable renewable energy solution exists.
- The issuer commits to publishing an annual Green Bond Impact Report that will detail the total outstanding green bonds, the portfolio of approved Eligible Green Assets and their environmental benefits, the split between new assets and re-financing, and any unallocated proceeds.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-03%20SE%20Electrolux.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-03%20SE%20Electrolux.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=23 July 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-03%20SE%20Electrolux.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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2019-03%20SE%20Electrolux.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
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