What makes a “green” bond green? What makes an economic activity sustainable? And what information should a company disclose about how climate change could impact its business – and how its business impacts the climate? These are some of the questions the European Union is keen to find answers to, with the help of a panel of experts. SSFC talked to one of them: SEB’s Marie Baumgarts.
Stockholm Sustainable Finance Centre, together with Stockholm County Council, initiated a round table discussion on 24 October. The theme of the roundtable was “The next steps for green bonds and sustainable investments.” Frida Korneliusson, CEO SLL Internfinans, and Charlotta Brask, sustainability manager SLL, gave evidence of the positive effects of working with green bonds within the Stockholm County Council. This work puts a clear focus on the overall sustainability efforts, but also on the attractiveness of green investments to investors.
Stockholm Sustainable Finance Centre recently published a sustainable finance lexicon. Users can browse words and phrases related to sustainable, green, and climate finance. Because sustainable finance is still in its infancy, common terminology, references and standards are lacking. This glossary – just one of the tools offered by the Centre to support financial actors in their work – provides a common denominator in terminology related to sustainable finance.