Green Financing

Ellevio launched a new framework for green financing in May 2023 to promote investments that contribute to the Paris Agreement and the UN Sustainable Development Goals. The framework is adapted to the EU taxonomy and has obtained a second party opinion from ISS ESG.

Ellevio's response to society's need for a modern and expanded energy system includes large investments to modernise, digitalise, weather-proof, increase capacity and further develop the networks, as well as enabling the connection of new fossil-free sources of energy. Other initiatives involve installing the second-generation of smart electricity meter, enabling charging infrastructure and developing solutions for flexibility, energy efficiency and optimisation.

Second party opinion from ISS ICS

ISS ICS, one of the world’s leading rating agencies in the field of sustainable investment, concludes that Ellevios’ green financing framework:

  • is aligned with the ICMA’s Green Bond Principles and LMA’s Green Loan Principles
  • will finance projects that contribute to UN SDG 13 ‘Climate action’
  • is aligned with the EU Taxonomy regarding the Climate Change Mitigation Criteria, the Do No Significant Harm Criteria and the Minimum Safeguards requirements

Green Financing Documents

All documents related to green financing are available here.

Download the green financing framework here.

2019 Green Bond Framework

Ellevio launched its’ first framework for green financing in 2019.

This framework was reviewed by the independent Centre for International Climate and Environmental Research, CICERO, receiving the highest score of “Dark Green”. Projects within this framework deliver value in:

  • Renewable energy
  • Energy efficiency enhancement
  • Adaptation to climate change
  • Protection of natural resources
  • Fossil-free transport

Documents related to green bond framework from 2019 

Document Date
Investor Report Green Bond 2022 27 Apr, 2023
Investor Report Green Bond 2021 4 May, 2022
Investor Report Green Bond (Swedish) 2021 4 May, 2022
Investor Report Green Bond 2020 11 June, 2021
Investor Report Green Bond (Swedish) 2020 11 June, 2021
Investor Presentation Green Bond 2 June, 2020
Cicero Second Opinion 6 Nov, 2019
Green Bond Framework 10 Oct, 2019

Text updated: 15 May 2023

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