Kommunalbanken AS 2023 Sustainability Report
Company: Kommunalbanken AS
Sector: Finance & insurance
Country: Norway
Year: 2023
Type: Sustainability Report
Pages: 65
The report describes KBN's 2023 green-loan impact portfolio, reporting NOK 38.6 billion in green bonds and NOK 52.8 billion in green loans. It reports 474 green projects with annual impacts including 14 034 tonnes of CO2e reduced and avoided, 107 849 MWh of renewable energy produced, and 139 877 tonnes of increased waste-management capacity. It also explains project selection, quarterly verification, and a self-assessment against EU Taxonomy criteria, with 71% identified as aligned or partly aligned with substantial-contribution criteria. The report notes that the impact data has not been verified by KBN or a third party.
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