Swedbank has offered our customers Sustainable Bonds for more than a decade. However, in order to support advisory for entire capital market financing, Swedbank broadened its range of sustainable products in 2020 with Green Equity as a complement to bonds, commercial papers and loans.

The green label is based on a new concept developed by Swedbank in collaboration with CICERO Shades of Green, which is a leader in second opinions on frameworks for sustainable debt instruments.

The concept is based on two parts:

  • A qualitative assessment of a company’s entire profile carried out by an external party (e.g. CICERO Shades of Green), including the extent of a company’s revenues and investments that is derived from green business activities
  • Minimum threshold requirement, meaning that more than 50% of a company’s revenues and investments must derive from activities considered as green.