Axentia’s Green Finance Framework receives “Excellent” rating from Sustainable Fitch
Axentia Group AB (publ) (“Axentia”) has developed a Green Finance Framework that highlights the connection between the company’s business model, sustainability efforts, and the development of energy-efficient solutions for public transportation. The framework has been reviewed by Sustainable Fitch, which, in its Second-Party Opinion, assesses that the framework is aligned with the ICMA Green Bond Principles 2025 and Green Loan Principles 2025. Sustainable Fitch assigned the framework an overall rating of “Excellent.”
The framework defines the categories of investments that would be eligible for green financing including energy-efficient information displays, digital timetables, cloud-based system solutions and investments that support longer product lifespans, repairability, and recyclability
“Receiving an ‘Excellent’ rating from Sustainable Fitch is a strong endorsement of the quality of our Green Finance Framework and our approach to sustainability governance and reporting. Our solutions help make public transport more attractive, accessible and reliable, while being designed with a focus on low energy consumption, long product lifetime and low total cost of ownership,” says Dick Ollas, CEO of Axentia.
The framework strengthens Axentia’s sustainability governance and provides an externally validated structure for communicating the environmental characteristics of the company’s solutions to customers, investors and other stakeholders.
The framework does not affect Axentia’s existing bond financing but provides a framework for potential future sustainable financing. The sustainable financing framework and Sustainable Fitch’s second-party opinion are available on Axentia’s website. DNB Carnegie acted as sole sustainability advisor in connection with the establishment of the Green Financing Framework.
For further information please contact:
Dick Ollas, President & CEO
E-mail: do@axentia.se
Telephone: +46 (0)13 32 85 30
Johanna Klint, CFO
E-mail: jk@axentia.se
Telephone: +46 (0)76 063 24 57
About Axentia
Axentia is a Swedish company and global supplier of end-to-end real-time information for public transport, uniting a cloud-native Transit Intelligence platform with ultra-low-power, battery-powered bus stop displays. We create opportunities for both society and people to move forward – with cost-effective, sustainable products and system solutions. For more information, visit www.axentia.se.