Pension

Folksam targets SEK 25 billion green bonds after USD 350 million investment

Sweden’s Folksam is doubling its green bonds allocation target after taking a USD 350 million tranche of the notes issued by the World Bank through the IFC. “The Folksam Group is now one of the largest private buyers of green bonds in the world,” says president and CEO Jens Henriksson.
Photo: /ritzau/AP/Martin Meissner/
Photo: /ritzau/AP/Martin Meissner/
by RACHEL FIXSEN

Insurance group Folksam now has four percent of its total assets invested in green bonds, following a recent USD 350 million(EUR 299 million) investment in notes issued by the World Bank.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading