University of Helsinki In­ves­ts €40m In Green Bonds

University of Helsinki has again taken a step forward in terms of responsible investments by investing in the NN Green Bond Fund.

The fund is managed by the Dutch asset management company NN Investment Partners, who are renown within responsible investments. The invested amount is over 40 million euros. The NN Green Bond Fund is one of the world’s first green bond funds.

The fund invests in green bonds that are verified by an independent second party. The loans are earmarked in the sense that proceeds may only be used for predefined projects that reduce the environmental burden and support sustainable development.

In most cases, the projects relate to investments aiming to reduce emissions generated by businesses. The company can for example invest in a renewable energy source such as solar or wind power, transportation with lower emissions or green buildings.

– This is true impact investing that promotes sustainable development and is in line with the values of the university. Our investment also takes the university forward on its path towards a carbon neutral portfolio, says University of Helsinki Quaestor Marjo Berglund.

Source: University of Helsinki

Related articles

  1. Europe Leads Sustainable Investing

    EMEA leads in sustainable smart beta interest, with the US a fast follower.

  2. Over 70 global investors have developed guidelines via the Institutional Investors Group on Climate Change.

  3. The offering brings behavioral analytics technology to teams of equity portfolio managers.

  4. ESG Matters in Fixed Income

    Half of global public investors cite insufficient data as a barrier to ESG adoption.

  5. Work remains over the next eighteen months on ‘tough legacy’ products.