Second Party Opinion: Sparbanken Skåne Green Funding Framework

Sparbanken Skåne is a Swedish independent savings bank with branches in 15 municipalities in Skåne. The bank offers products in the areas of saving, lending, payment, and insurance. Customers include private individuals and households, small- and medium-size enterprises, associations, municipalities, and other organizations. We assess the bank's green funding framework as Light green.

...Over the three years following issuance of the financing, Sparbanken Sksne expects to allocate 85% of proceeds to green buildings, 9% to energy efficiency and the remaining 6% to sustainable agriculture and renewable energy. The issuer expects 50% of proceeds to be allocated to refinancing projects, while 50% of proceeds will be directed to finance new projects. Based on the project categories' Shades of Green detailed below, the expected allocation of proceeds, and consideration of environmental ambitions reflected in Sparbanken Sksne's Green Funding Framework we assess the framework Light green. Green buildings Construction of new buildings Existing buildings Major renovations Building energy efficiency Renewable energy Solar power Wind power Bioenergy Energy efficiency Energy storage District heating/cooling networks Clean transportation Road transport Construction equipment Infrastructure Sustainable agriculture Sustainable agriculture and cultivation Light green Dark to Medium green...

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