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
11. Sustainable Cities and Communities
12. Responsible Production and Consumption
13. Climate Action
14. Life Below Water
15. Life on Land
The eligible categories in the framework are:
Green residential and commercial buildings
Eco-efficient and circular economy adapted products, production technologies and processes with selected sustainability certifications
Clean transportation
Environmentally sustainable management of living natural resources and land use
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.
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