Green Bond Fact Sheet

This fact sheet details a SEK 1 billion green bond issued by Santander Consumer Bank AS on February 12, 2020, specifically to refinance private vehicle consumer finance loans for electric vehicles in Norway.

• Santander Consumer Bank AS issued a green bond on February 12, 2020, with a total amount of SEK 1 billion (approximately USD 104 million) and a maturity date of May 12, 2023.
• The bond is certified under the Climate Bonds Standard v2.1, specifically meeting sector-specific criteria for Low Carbon Transport, and was verified by Sustainalytics.
• Proceeds from the bond are designated to refinance the bank's private vehicle consumer finance loans, specifically targeting electric vehicles. The issuer's portfolio includes exposure to more than 25,000 passenger electric vehicles.
• This issuance represents the 6th certification from Norway and is the first certification explicitly linked to private vehicle consumer finance.
• The issuer committed to annual public reporting on the allocation of proceeds and quantitative indicators, including estimated avoided emissions of passenger vehicles.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-02_NO_Santander_Consumer_Bank_AS%281%29.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-02_NO_Santander_Consumer_Bank_AS%281%29.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=4 March 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-02_NO_Santander_Consumer_Bank_AS%281%29.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 = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2020-02_NO_Santander_Consumer_Bank_AS%281%29.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }