Jernhusen is specialized in properties close to the railway. With the aim of becoming climate neutral by 2045, Jernhusen was looking for a financing partner with high sustainability requirements, and selected SEK. SEK strives to be a force in the transition and to contribute to a fossil-free Sweden in part by financing sustainable infrastructure.

“We want to enable increased use of the Swedish railway network in order to promote more sustainable transport. Ambitious investments in infrastructure such as Jernhusen’s maintenance depots are required to achieve this.”

Helen Junker, Head of Mid Corporates of SEK

In autumn 2023, SEK and Jernhusen signed a green loan agreement for Skr 500 million with a ten-year maturity. The long maturity reflects SEK’s and Jernhusen’s long-term commitments for a sustainable future and allows Jernhusen to continue to work actively toward its goal of achieving climate neutrality by 2045.

“We value our partnership with SEK, which has a great understanding of our financial requirements. Jernhusen is investing heavily to strengthen infrastructure and promote public transportation on trains. Key factors for this are sustainability ambitions and maintaining a long-term approach, and we are happy to have found these elements in our partnership with SEK.”

Victor Josefsson, CFO of Jernhusen

SEK issues green loans to companies and projects that promote the transition to a low-carbon economy, and that contribute to the UN Sustainable Development Goals. Green loans aim to reduce environmental impact and enable more efficient use of resources. Green loans are classified under SEK’s framework for green bonds and financed using SEK’s green bonds.

Jernhusen’s green financing network is fully tailored to the regulations of the EU Taxonomy and the European Green Bond Standard’s proposed standards for green bonds. CICERO Shades of Green has reviewed the new financing framework and awarded it the highest grade of dark green and a governance score of Excellent.