SparVest brings 'sophisticated' green framework

By Bill Thornhill
15 Aug 2019

Sparebanken Vest (SparVest) on Thursday became the fourth Norwegian bank to publish a green bond framework and one of the first to publish a framework that is aligned with the European Union’s proposed standards for green bonds.

SparVest  green bond framework benefits from a second party opinion from Sustainalytics and comes with a pre-impact report. An assessment of the buildings and hydro power portfolio has been provided by MultiConsult.

The framework also complies with the International Capital Market Association’s Green Bond Principles. ...

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