ATP, Hilleroed, Denmark, was an investor in European Investment Bank’s 3 billion Danish kroner ($457 million) climate-awareness bond issue, a spokeswoman said.
The 837.5 billion kroner ATP has about €2 billion ($2.3 billion) allocated to green bonds, the spokeswoman said. The amount invested in the EIB’s bonds was not available.
“ATP values EIB’s bonds for the transparency and accountability they generate in sustainable finance,” said Lars Dreier Kristensen, senior portfolio manager at ATP, in an EIB news release. “We acknowledge EIB’s effort to align with the EU green bond standard via linking to the EU sustainability taxonomy and the external verification of both allocation and impact reports.”
The €37 billion PKA, Copenhagen, was another investor in the issue, the EIB said. The size of PKA’s investment is about 600 million Danish kroner, a spokesman said. PKA’s total allocation to green bonds is about 1.5 billion Danish kroner.
“As a long-term sustainable investor, PKA is looking for further clarity in sustainable finance. In this area, there are positive developments from the European Union and the European Commission: the recent reports on EU sustainability taxonomy and EU green bond standard. We were delighted to participate in this inaugural green issue from the EU bank in our core currency,” said Michael Nellemann Pedersen, director of investments at PKA, in the news release.