Green bond framework

To support SpareBank 1 SMN’s CSR Strategy, the bank has developed a Green Bond Framework in line with the ICMA Green Bond Principles. 


With this framework, SpareBank 1 SMN will support the UN Sustainable Development Goals (SDG), and the eligible categories relates to and promotes the following SDGs:

7. Affordable and Clean Energy
8. Decent Work and Economic Growth
9. Industry, Innovation and Infrastructure
11. Sustainable Cities and Communities
12. Responsible Consumption and Production
14. Life Below Water
15. Life on Land

The eligible categories in the framework are:

  • Green residential and commercial buildings
  • Environmentally Sustainable Management of Living Natural Resources and Land Use
  • Circular economy adapted products, production technologies and processes and/or certified eco-efficient products
  • Clean transportation
  • Renewable energy

SpareBank 1 SMN has appointed Multiconsult as advisor to identify the most energy efficient residential and commercial buildings and calculate the impact of green buildings, clean transportation and renewable energy. The second party opinion on the framework is provided by Sustainalytics.