Environmental sustainability
The environmental dimension of sustainable development is about looking after nature and the climate as a renewable resource for people.
KBN aims to be a driver for the local government sector’s investment in green projects and to contribute to the transition to a low-carbon society. We were the first Norwegian financial institution to offer reduced-rate green loans to municipalities when they invest in climate friendly projects. We finance our green lending by issuing green bonds in the international capital markets. KBN raised its first green funding in 2010 and is now Norway’s most active issuer of green bonds.
The Green Bond Framework, which also defines the processes for green loan allocation, disbursement and reporting, has undergone a third-party assessment by S&P Global Ratings. The framework has been rated "medium green".
Read more about climate risk in the local-government sector
We are an Eco-Lighthouse company
Read more about the measures we take