KommuneKredit releases first Green Bond Impact Report and Assurance Statement

Press release -

KommuneKredit releases first Green Bond Impact Report and Assurance Statement

KommuneKredit is pleased to present the first edition of its Green Bond Impact Report. We launched our inaugural green bond in June 2017.

This made KommuneKredit the first Danish financial institution to issue green bonds in accordance with the International Capital Markets Association’s (ICMA) Green Bond Principles (GBP).

We also released the Assurance Statement on KommuneKredit’s Green Bond Management.

The assurance is given on the investor letter (i.e. KommuneKredit’s Green Bond Impact Report), use of proceeds, distribution between re-financing and new financing, tracking and management of funds.

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KommuneKredit is an association, whose purpose is to provide lending to municipalities and regions and companies with a 100% municipal guarantee.

The association is the municipalities and regions own credit institution and exist solely for our clients.

Contacts

Jens Lundager

Jens Lundager

Press contact CEO +45 3369 7622

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Hans-Martin Friis Møller, CEO of Kalundborg Forsyning, and Carl Hellmers, CEO of Fredericia Fjernvarme a.m.b.a., external members of KommuneKredit's Green Bond Committee.

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