Green Bond Fact Sheet

This fact sheet details a NOK 300 million (USD 33 million) green bond issued by Fana Sparebank Boligkreditt on December 18, 2019, with a maturity date of September 18, 2024.

• Fana Sparebank Boligkreditt issued a green bond totaling NOK 300 million (approximately USD 33 million) on December 18, 2019, with a five-year tenor and a maturity date of September 18, 2024.
• The proceeds of the bond are allocated to three primary categories: renewable energy installations (specifically on- and offshore wind and small scale hydropower), clean transportation (electricity and hydrogen-powered vehicles), and green buildings. Eligible buildings must have a minimum Energy Performance Certificate level of B (A for new constructions) or a BREEAM Certification of at least 'Excellent'.
• Fana Sparebank commits to reporting on the green bond annually until proceeds are fully allocated, and subsequently when material changes occur in the eligible asset pool. Reporting will be published on the bank's website and include sector-specific metrics: generation capacity and emissions avoided for renewable energy; number of vehicles and emissions reduction for clean transportation; and energy consumption, savings, and CO2 reductions for buildings.
• Climate Bonds identifies Fana Sparebank as the 8th Norwegian financial corporate to issue a green bond, contributing to a segment total of USD 5.9 billion equivalent.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-12_NO_Fana_Sparebank_Boligkreditt.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2019-12_NO_Fana_Sparebank_Boligkreditt.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=23 January 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2019-12_NO_Fana_Sparebank_Boligkreditt.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = jan, url = {https://www.climatebonds.net/files/drupal-files/files/2019-12_NO_Fana_Sparebank_Boligkreditt.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }