Swedbank Robur anchor investor when the Nordic Investment Bank issues blue bonds
The Nordic Investment Bank has issued a bond to improve the environment, in and around the Baltic Sea. Baltic Blue Bond is the first completely blue bond on the market where the investments are allocated according to the Green Bond Principles. The total investment of SEK 2 billion, where Swedbank Robur was the largest investor, will be used for water treatment projects, protection of groundwater, storm and flood protection and for restoring the marine ecosystem in the region.
During the past year, Swedbank Robur has increased its investments in sustainable bonds by just over SEK 9 billion. Investments are spread both in terms of targeting and geography. Furthermore, Swedbank Robur has, for a long time, conducted discussions with the Nordic Investment Bank and other players to find investments to improve the environment in and around the Baltic Sea.
“The Baltic Sea area is our home market, and we are very pleased to contribute to improving the environment with our investment”, says Thomas Bäck, portfolio manager, Swedbank Robur.
The total investment of SEK 2 billion will be used for water treatment projects, protection of groundwater, storm and flood protection and for restoring the marine ecosystem in the region. The problem of pollution in the Baltic Sea has been known for a long time, and this is an important step that has now been taken, to implement necessary actions for an improvement.
“For a long time, we have been working to combine good returns with sustainability in our investment processes, and we are very pleased to see the fantastic results we have achieved. And of course it adds even more value for us to participate in this bond, considering how important the Baltic Sea environment is to our customers”, says Per Lilja, acting Head of Fixed Income, Swedbank Robur.
For further information:
Thomas Bäck, portfolio manager, Swedbank Robur, +46 70 935 07 98
Per Lilja, Head of Fixed Income (acting), Swedbank Robur, +46 70 836 22 14
Carina Sesser Nylund, press contact, Swedbank, +46 72 230 52 64