Interim report 2021

Kommuninvest i Sverige AB

Sustainability report

Kommuninvest’s mission is to finance the local government sector’s development and investments for a beneficial and sustainable society, sustainability work includes environmental, climate, as well as social and economic dimensions alike.


During the period, Kommuninvest has:

  1. Introduced new green financing requirements with a focus on climate impact in the construction process, initiating a new project regarding renovations
    Kommuninvest, IVL Svenska Miljöinstitutet and Public Housing Sweden cooperate within the framework of the “Climate requirements at a reasonable cost” initiative. In light of the procurement guidelines presented in 2020, Kommuninvest introduced stricter requirements for granting Green loans for Green buildings in January.
  2. Awarded Miljömålspriset 2021 (environmental targets award)
    The Miljömålspriset award is presented annually by the Swedish Environmental Protection Agency. The purpose is to draw attention to and reward ambitious and successful environmental work that contributes to achieving Sweden’s environmental targets.
  3. Updated framework for green bonds, initiated adjustment to the new taxonomy
    In June, Kommuninvest published an updated Framework for Green Bonds, with a new reference to the National Board of Housing, Building and Planning’s revised building regulations, BBR 29,
  4. Launched Social Sustainability Loans
    This new loan product shares essential basic features with Green Loans, but adds some new aspects to be able to contribute meaningfully to the municipalities’ and regions’ work for a beneficial life for as many citizens as possible.

Multi-year summary, Kommuninvest i Sverige AB

30 Jun 2021 30 Jun 2020 30 Jun 2019 31 Dec 2019 31 Dec 2018
Total assets, SEK, million 549,726.5 537,446.3 469,297.4 471,320.7 417,202.1
Lending (recognised value), SEK, million 454,357.7 441,481.9 388,448.6 408,218.1 355,710.0
Net profit for the period, SEK, million 97.2 –159.6 282.5 307.9 586.1
Members, total 293 291 289 290 288
of which, municipalities 279 278 277 278 277
of which, regions 14 13 12 12 11
Core Tier I capital ratio1, % 303.9 153.4 156.3 126.8 188.4
Tier I capital ratio2, % 303.9 153.4 156.3 126.8 188.4
Total capital ratio3, % 303.9 153.4 156.3 126.8 188.4
Leverage ratio, % 9.27 7.84 10.60 12.29 11.30
1) Kärnprimärkapital i relation till totalt riskexponeringsbelopp.
2) Primärkapital i relation till totalt riskexponeringsbelopp.
3) Total kapitalbas i relation till totalt riskexponeringsbelopp.

Lending and borrowing

Lending portfolio by borrower category

30 Jun 2021 (31 Dec 2020)

*) Some lending to municipalities is on-lent to municipal companies through municipal internal banks.

New funding by programme**

1 Jan–30 Jun 2021 (1 Jan–30 Jun 2020)

**) excl. commercial paper funding

Number of members and lending volume

1990–2021*

*) 30 June