The EIB issued a social bond on 4 April for SEK 2 billion, of which the Folksam Group invested SEK 370 million. Social bonds are funds earmarked to finance projects with positive social impacts. This investment will, among other things, contribute to projects to increase gender equality.
– Gender equality is an important issue for the Folksam Group. Increased gender equality creates the conditions for long-term sustainable growth and reduced violence in relationships. In other words, it is a central issue for people’s safety, says Marcus Blomberg, Head of Asset Management and Sustainability.
Founded in 1958, the EIB works closely with other EU institutions to promote European integration, benefit the EU’s development and support its policies in over 160 countries around the world.
