Realkredit Danmark launches first Green bond
On 5 March 2019, we launched our Green Bond Framework. As one of the largest Nordic financial institutions, Danske Bank Group recognises our responsibility and sizeable impact to the societies we are part of. We want to take on that responsibility and play our part in driving sustainable development and having a positive impact towards climate change.
Transition to a low carbon, resilient and environmentally sustainable economy requires vast amounts of capital. With our “Green Bond Framework”, we aim to support the mobilisation of debt capital to sustainable and environmentally beneficial purposes.
The Framework is covering Danske Bank A/S and subsidiaries (including Realkredit Danmark) that may issue Green Bonds in various formats – all fulfilling the criterias set out in the overall framework.
The new mortgage covered bond (SDRO) is called RD Cibor6® Green, and has similar features as a traditional RD Cibor6®, but will only fund properties that adhere to the Green Bond Framework.