Green Financing
Ellevio established its first framework for green financing in 2019 and released an updated framework in 2023. The framework promotes investments that contribute to the Paris Agreement and the UN Sustainable Development Goals. It is adapted to the EU taxonomy and has obtained a second party opinion from ISS ICS.
Ellevio's response to society's need for a modern and expanded energy system includes large investments to modernise, digitalise, weather-proof, increase capacity and further develop the networks, as well as enabling the connection of new fossil-free sources of energy. Other initiatives involve enabling charging infrastructure and developing solutions for flexibility, energy efficiency and optimisation.
Second party opinion from ISS ICS
ISS ICS, one of the world’s leading rating agencies in the field of sustainable investment, concludes that Ellevios’ green financing framework:
- is aligned with the ICMA’s Green Bond Principles and LMA’s Green Loan Principles
- will finance projects that contribute to UN SDG 13 ‘Climate action’
- is aligned with the EU Taxonomy regarding the Climate Change Mitigation Criteria, the Do No Significant Harm Criteria and the Minimum Safeguards requirements
Issued green bonds
On the page Financing you can find a list of public bonds issued
Ellevio publishes a Green Bond Investor Report on the allocation of proceeds annually and at least until full allocation or until maturity. The report is published in connection with the publication of the Annual and Sustainability Report.
Green Financing Documents
All documents related to green financing are available here: Financial Reports and Documents
Download the green finance framework
Previous Green Bond Framework
Ellevio launched its’ first framework for green financing in 2019. See table below for documents related to this framework.
Information from Ellevio AB,
updated on 16 April 2024