Kommunalbanken AS (KBN)

Unverified
XFID Unique Identifier for Kommunalbanken AS (KBN): XOSG8L4ZRZ
3 Second Party Opinions
2 Frameworks
1 Impact Report
XFID Type Title Year Source Retrieved
XF-HDRMR4G-R Impact Report KBN (Kommunalbanken Norway) - Impact Report 2019 www.kbn.com 31 Mar 2026
XF-14ONVV6-M Framework Green Bonds – Investments in Norwegian local government - KBN www.kbn.com 16 Mar 2026
XF-FD0YJA2-4 Second Party Opinion Second Party Opinion: Kommunalbanken Green Bond Framework 2024 www.spglobal.com 25 Feb 2026
XF-A88FU4T-N Second Party Opinion Kommunalbanken (KBN) (Methodology of Shades of Green, formerly part of CICERO) 2021 www.spglobal.com 25 Feb 2026
XF-3BL0N3Z-P Second Party Opinion kbn cicero second opinion june 2016 2016 www.kbn.com 21 Feb 2026
XF-YVUFXI9-Z Framework kbn green bond framework 21 2021 www.kbn.com 21 Feb 2026

Press Coverage (1)

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

XF Company Profile

Extra-financial information found across 6 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
Kommunalbanken AS, Norway Framework 2024
Issuer sector/industry classification
Financial & Insurance Activities Framework 2024
Issuer type
Bank Framework 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
KBN Green Bond Framework 2024 Framework 2024
Bond types covered under framework
Green bonds Framework 2024
Framework publication date and update history
2024 (current); 2021 (previous); 2016 (previous) Framework 2024

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
S&P, April 2024; CICERO, March 2021; CICERO, June 2016 Framework 2024
SPO assessment scope and methodology
Assessment of Green Bond Framework and environmental policies; eligible projects; transparency, monitoring, reporting and verification Second Party Opinion 2016

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Green Bond Principles aligned framework Framework 2021

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Sustainability and green finance are at the core of KBN's corporate strategy; finance transition to low-carbon, climate resilient future in Norwegian local societies Framework 2024
Sustainability strategy pillars and focus areas
Climate-related investments; green loans; emissions reporting and reduction; climate and environmental risk management and disclosure Framework 2021

Impact Metrics & Reporting

Annual impact reporting commitment
Impact Reports presented annually showing environmental impact of green loan program Framework 2024
Annual CO2e emissions avoided or reduced
50,938 tonnes CO2e reduced and avoided annually Impact Report 2019
Environmental impact metrics (quantitative)
Energy reduction/avoidance: 37 GWh annually; Renewable energy production: 109 GWh annually Impact Report 2019

Proceeds Allocation & Reporting

Number of financed projects (total and by category)
225 projects in total as of 2019; 45 new projects in 2019 Impact Report 2019
Allocated funds amount and currency
23.0 billion NOK in green loans; 16.6 billion NOK in green bonds outstanding (as of 2019) Impact Report 2019

Issuance Details

Years of green bond issuance history
Since 2010 (first sustainability-themed transaction); regular issuer since 2013; over 10 years of green bond issuance Framework 2024
Bond instrument type
Green bond Framework 2024