The fund invests in green bonds that are verified by an independent second party. The loans are earmarked in the sense that proceeds may only be used for predefined projects that reduce the environmental burden and support sustainable development.
In most cases, the projects relate to investments aiming to reduce emissions generated by businesses. The company can for example invest in a renewable energy source such as solar or wind power, transportation with lower emissions or green buildings.
“This is true impact investing that promotes sustainable development and is in line with the values of the university. Our investment also takes the university forward on its path towards a carbon neutral portfolio“, says University of Helsinki Quaestor Marjo Berglund.
