Green Bond Fact Sheet
Summary
This fact sheet details a NOK 300 million green covered bond issued by SSB Boligkreditt on June 24, 2020, to finance energy-efficient residential buildings in Norway.
Key insights
- SSB Boligkreditt issued a green covered bond on June 24, 2020, with a total amount of NOK 300 million (approximately USD 31 million) and a maturity date of June 16, 2025.
- The proceeds of the bond are designated for financing or refinancing loans for residential buildings that meet specific energy efficiency thresholds: either being in the top 15% of the most energy efficient buildings in the local stock or refurbished buildings achieving at least 30% energy savings against a baseline.
- The issuer commits to providing annual impact and allocation reporting on its website until maturity. Allocation reports will detail total proceeds, loan portfolio size, financing versus refinancing percentages, and unallocated proceeds, while impact reporting may include annual energy consumption (kWh/m2), energy savings (MWh), and greenhouse gas emissions reduced or avoided (tons of CO2 equivalent).
- Norway represents nearly one-third of the small number of countries issuing green covered bonds, contributing to a Scandinavian covered bond market where Norway's volume totals USD 150 billion.
Cite the original document
- APA
- Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-06_NO_SSB_Boligkreditt.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-06_NO_SSB_Boligkreditt.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=3 July 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-06_NO_SSB_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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2020-06_NO_SSB_Boligkreditt.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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