With an investment of SEK 600 million in a green bond issued by the World Bank, the Folksam Group has now attained the goal of owning more than SEK 25 billion in green bonds before the end of 2018. This is an important step in the Folksam Group’s sustainability efforts, and it consolidates the group’s position as a global leader within green bonds. These bonds now comprise six per cent of the managed assets.
The Folksam Group to make its biggest acquisition of green bonds – investing SEK 3 billion in green bonds from the European Investment Bank
The Folksam Group is acquiring green bonds valued at approximately SEK 3 billion (USD 400 million) issued by the European Investment Bank. This will be the Folksam Group’s biggest single acquisition. With this, the Folksam Group will have invested around SEK 20 billion in green bonds over two years’ time. The European Investment Bank (EIB)....