Climate change is one of the greatest threats facing our planet and it poses major environmental, economic and societal risks worldwide.
At Danske Bank Group, we believe it is imperative that global warming is kept well below 2° C which requires deep emission reductions globally.
Transition to a low carbon, resilient and environmentally sustainable economy requires vast amounts of capital. By setting up this Green Bond Framework, Danske Bank Group aims to support the mobilisation of debt capital to sustainable and environmentally beneficial purposes.
This Framework:
- defines the loans or investments eligible to be funded by the proceeds of green bonds issued by Danske Bank A/S and its subsidiaries
outlines the process used to identify, select and report on eligible loans
outlines how the management of Green Bond proceeds is organised.
The terms and conditions contained in the underlying documentation for each issued Green Bond will specify the actual terms of the instruments.
As both the Green Bond Principles and the green financing market overall are evolving rapidly, this Green Bond Framework may be further updated or expanded.