Swedbank Robur has launched two new funds focusing on the environment, Climate Bond and Climate Bond High Yield.
The funds will finance projects and company operations assessed to contribute to the UN’s climate goals, such as producers of electric vehicles.
Green bonds are earmarked to promote the environment and climate, such as financing investments in renewable energy and energy storage.
“As Sweden’s largest fund company, we take a clear stance on issues important to our savers, investments, and society at large,” said Swedbank Robur’s chief investment officer Pia Haak.
“The continued growing interest in sustainable and climate-focused investing is a crucial and positive driving force in our efforts to continue shifting capital in a more sustainable direction. With the launch of Climate Bond and Climate Bond High Yield, we take another important step forward by expanding our offerings with a specific focus on the climate to cover more asset classes.”
Head of fixed income and credit management at Swedbank Robur Karin Beltzér added: “There is a great need to direct capital to initiatives supporting the green transition. Many significant factors that can make a big difference for the climate do not have listed stocks but depend on financing from the bond market.
“Thanks to the higher rate environment the new climate funds will have the opportunity to provide savers with a good return while contributing to solutions for the world’s climate challenges.”