Sustainable Funding Framework
Íslandsbanki’s most recent Sustainable Funding Framework (the framework) was published in January 2024. The framework has been simplified and aims to reflect the latest market standards. The framework is in alignment with the ICMA Green, Social and Sustainable Bond Principals the structure of the framework follows ICMA’s four key pillars – use of proceeds, process for project evaluation and selection, management of proceeds, and reporting.
Sustainalytics, a leading international Second Party Opinion provider, has reviewed the framework and provided the bank with a conformation that the framework is according to market practice. Sustainability experts from Swedbank provided advice on the development of the framework.
Please find below further information in relation to Íslandsbanki's sustainable funding.