Aurskog Sparebank

Unverified
XFID Unique Identifier for Aurskog Sparebank: XORO5ZME7N
Country
XX
Sector
Financial Institutions
Website
www.spglobal.com
2 Frameworks
2 Second Party Opinions
1 Impact Report
XFID Type Title Year Source Retrieved
XF-H9BTRXO-B Framework Green Bond Framework May 2022 2022 →2025 www.aurskog-sparebank.no 16 Mar 2026
XF-YRPP4T8-H Impact Report Allocation and Impact Report 2023 www.aurskog-sparebank.no 16 Mar 2026
XF-DKDFJKD-Y Framework GREEN & SOCIAL BOND FRAMEWORK 2025 ↑2022 www.aurskog-sparebank.no 16 Mar 2026
XF-D1N60UZ-P Second Party Opinion Second Party Opinion: Aurskog Sparebank Green And Social Bond Framework 2025 www.spglobal.com 25 Feb 2026
XF-O6P2K1B-Y Second Party Opinion Aurskog Sparebank (Methodology of Shades of Green, formerly part of CICERO) 2022 www.spglobal.com 25 Feb 2026

Press Coverage (1)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 5 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Aurskog Sparebank, Norway FRAMEWORK 2025 2025
Issuer sector/industry classification
Banks SPO 2025 2025
Issuer type
Regional savings bank SPO 2022 2022
Customer base information
Approximately 22,000 private retail and corporate customers; approximately 60 employees SPO 2022 2022
Part of larger alliance or network
Part of the Eika Alliance FRAMEWORK 2025 2025

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Green & Social Bond Framework December 2025 FRAMEWORK 2025 2025
Bond types covered under framework
Green bonds, Social bonds FRAMEWORK 2025 2025
Framework publication date and update history
December 2025 (updated from May 2022) FRAMEWORK 2025 2025
Eligible use-of-proceeds categories
Green residential buildings in Norway IMPACT 2023 2023
Refinanced vs. newly financed project distinction
Primarily refinanced buildings; financing includes refinancing of buildings built between 2012 and 2020 SPO 2022 2022
Green building certification requirements
Buildings built after 2021 with BREEAM In-Use Certification; buildings built 2012-2020 with EPC A or top 15% of national building stock SPO 2025 2025

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
S&P Global Ratings, December 2, 2025 SPO 2025 2025
SPO assessment scope and methodology
Assessment of alignment with ICMA principles; evaluation of material sustainability factors addressed by framework; point-in-time opinion not surveilled SPO 2025 2025
Pre-issuance or post-issuance verification type
Second Party Opinion (SPO) - framework assessment SPO 2025 2025

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned SPO 2025 2025
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with Social Bond Principles (ICMA, 2025) and Sustainability Bond Guidelines (ICMA, 2021) SPO 2025 2025
Alignment with UN Sustainable Development Goals
Alignment documented in sustainability strategy FRAMEWORK 2025 2025

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Mission and Sustainability Strategy documented FRAMEWORK 2025 2025
Sustainability strategy pillars and focus areas
Sustainability in Credit Process, Sustainable Products Offering, Sustainability in Operations FRAMEWORK 2025 2025

ESG Framework & Governance

Internal ESG governance structure
Sustainability Governance established FRAMEWORK 2025 2025
Double materiality assessment
Double materiality assessment conducted FRAMEWORK 2025 2025

Impact Metrics & Reporting

Annual impact reporting commitment
Allocation and Impact Report published annually IMPACT 2023 2023

Proceeds Allocation & Reporting

Allocation of net proceeds by category
Green residential buildings in Norway: 72.01% IMPACT 2023 2023
Allocated funds amount and currency
NOK 400,000,000 (Green Bond outstanding) IMPACT 2023 2023
Cumulative disbursed amount
NOK 555,458,870 (Signed Amount) IMPACT 2023 2023
Number of financed projects
Portfolio-based approach; individual project count not specified IMPACT 2023 2023

Issuance Details

Bond instrument type
Green Bond (Senior Bonds) IMPACT 2023 2023
Years of green bond issuance history
Since 2022 (documented framework publication date) FRAMEWORK 2022 2022

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name and version
2022 Green Bond Framework 2022
2025 Green & Social Bond Framework 2025
Bond types covered under framework
2022 Green bonds
2025 Green bonds and Social bonds
SPO assessment date
2022 May 04, 2022
2025 2025-12-02
Eligible use-of-proceeds categories
2022 Green buildings
2023 Green residential buildings
Sustainable bond framework name
2023 Green Bond Framework
2025 Green And Social Bond Framework

Document Updates

What changed between successive versions of documents.

2022 2025

Aurskog Sparebank's sustainability bond framework evolved significantly from a "Green Bond Framework" (2022) to a "Green & Social Bond Framework" (2025), reflecting an expansion of scope beyond environmental to include social objectives. The 2025 version introduces a substantially more comprehensive governance structure with explicit sections on sustainability strategy, double materiality assessment, UN SDG alignment, and formal sustainability governance. New sections on combating financial crime and social loan portfolios indicate enhanced risk management and broadened financing objectives. The framework demonstrates increased sophistication in sustainability integration across credit processes and operations.

  • expanded Use of Proceeds — Framework expanded from exclusively green bond proceeds to include social bond proceeds with a new dedicated 'Social Loan Portfolio' section.
  • added Standards Alignment — Double materiality assessment explicitly referenced as part of sustainability strategy.
  • added Standards Alignment — UN Sustainable Development Goals added as alignment framework for sustainability strategy.
  • added Governance — New dedicated section on 'Sustainability Governance' introduced to formalize governance structure.
  • expanded Eligibility Criteria — Sustainability integration into credit process explicitly documented with new section on 'Sustainability in the Credit Process'.
  • added Exclusion Criteria — New section on 'Combating Financial Crime' added to governance framework.
  • added Sustainability Reporting — Dedicated 'Sustainability Reporting' section added to framework structure.
  • added Sustainability Strategy — New comprehensive 'Sustainability Strategy' section introduced with formal goals and ambitions documentation.