Direct to content
Ministry for Foreign Affairs of Finland

Embassy of Finland, London: News & Current Affairs

EMBASSY OF FINLAND, London

38 Chesham Place
London SW1X 8HW
Tel. +44-20-7838 6200
E-mail: consulate.lon@formin.fi, sanomat.lon@formin.fi
English | Suomi | Svenska |  | 
Font_normalFont_bigger
 
News, 11/01/2018

Fingrid’s Green Bond as part of the company’s responsible operating model 

The first Green Bond issued by a Finnish corporate welcomed to the London Stock Exchange.

Photo: Fingrid
Fingrid Oyj opened the London Stock Exchange market on 11 January 2018. On the stock exchange balcony among others Sir Roger Gifford, SEB, Finnish Ambassador Päivi Luostarinen and from Fingrid CFO Jan Montell, General Counsel Marina Louhija, Group Treasurer Jussi Pohjanpalo and Communications Manager Marjaana Kivioja.
Fingrid Oyj opened the London Stock Exchange market on 11 January 2018. On the stock exchange balcony among others Sir Roger Gifford, SEB, Finnish Ambassador Päivi Luostarinen and from Fingrid CFO Jan Montell, General Counsel Marina Louhija, Group Treasurer Jussi Pohjanpalo and Communications Manager Marjaana Kivioja.

On 23 November 2017, Fingrid published a press release on the issue of a €100 million Green Bond. Green Bonds are bonds issued where the proceeds are earmarked for investments with expected positive long-term net environmental impacts. The borrower is committed to reporting annually on the projects for which the proceeds have been used.

The transaction attracted broad international interest and expanded the company's debt investor base. This listing of the first Green Bond issued by a Finnish corporate was welcomed to the London Stock Exchange on 11 January 2018, when Fingrid was invited to the market open ceremony.

Fingrid's strategy and its various perspectives form the starting point for our corporate responsibility work. Corporate responsibility is a key element in the implementation of our strategy and in our business expertise. By operating responsibly in all areas of sustainability, we can best bring value to our stakeholders and ensure the acceptance of our projects by society. Fingrid’s Green Bond financing also promotes the global development of sustainable and responsible debt capital markets.

"Fingrid's mission is to secure reliable electricity for our customers and the society. We shape the clean, market-oriented power system of the future. As also sustainability is one of our core corporate values, it is natural for us to participate in the Green Bond market to finance our long-term investments, which have positive environmental effects,” says Jan Montell, CFO and Senior Vice President.

Read more: 
Fingrid: Fingrid’s Green Bond as part of the company’s responsible operating model 
Fingrid: Fingrid has issued a EUR 100 million Green Bond

Print this page

This document

Updated 11/01/2018


© Embassy of Finland, London | About this site | Contact information