Magnolia Bostad's shares are classified as green
To increase transparency in the company's sustainability work towards investors, Magnolia Bostad has developed a Green equity framework that has enabled a green labelling of shares. Cicero Shades of Green has provided a Company Assessment of the framework which shows that 86per cent of revenue, 78 per cent of costs and 87 per cent of investments are identified as green.Interest from the financial market in green investments and green bonds is increasing. Magnolia Bostad already has a Green Bond Framework with two green bonds outstanding, which today make up 71 per cent of total financing