Green Bond Impact Report

To enable investors and other stakeholders to follow the development, to monitor the performance and to provide insights into prioritized areas of the Green Loans funded by our Green Bonds, KommuneKredit commits to annually and until maturity of the Green Bonds issued to provide transparent reporting.


Our Green Bond Impact Report includes both allocation and impact reporting.


We have followed the recommendations for reporting standards of the Nordic Public Sector Issuers Position Paper on Green Bonds Impact Reporting, since it was first introduced in 2017 – and are signatories of the position paper, which was updated in 2024. The position paper is available here.

Assurance Statement on KommuneKredit’s Green Bond Management 2018 – 2022

The assurance is given on the investor letter (i.e. KommuneKredit’s Green Bond Impact Report), use of proceeds, distribution between re-financing and new financing, tracking and management of funds.


Read previous assurance statements below:


Impact Reporting Methodology

Our Impact Reporting Methodology describes the methodology applied in calculating the expected environmental impact of our green loan portfolio.


Read the Impact Reporting Methodology – 2023.


Read the Impact Reporting Methodology – 2022.

Approved green loans 

The below list covers all eligible projects approved by the Green Bond Committee up to and including 31 December 2022:


Green Projects – GBR2022 & GBF2017