The Green Bond Impact Report 2019: Nobina reports environmental benefits from its green bus bond
In February 2019, Nobina issued a green bond for SEK 500 million – the first in the Nordic region linked to the public transport sector. The recently published 2019 report shows that the green financing has led to reduced emissions of 8,250 tonnes of carbon dioxide in the first year.At the publication date, the green bus bond had financed some 50 fully electric buses and 90 buses that run completely on fossil-free fuel, with a further 4 electric buses awaiting delivery. In 2019 alone, emissions were reduced by 8,250 carbon dioxide equivalents compared with buses that run on fossil fuels,