Balder updates its green financing framework
The updated green financing framework sets a standard for green financing. The green financing framework has been designed to provide Balder with a range of green financing opportunities and is based on third-party certified properties and ambitious goals for energy consumption.
“The updated green financing framework is aligned with Balder’s focus on an increased share of green financing,” says Ewa Wassberg, Head of Finance at Balder.
Balder’s green financing framework has been developed together with Handelsbanken and is based on ICMA´s Green Bond Principles 2021 with an adaptation to the EU Taxonomy. Moreover, the framework is connected to Balder’s ambition to contribute to the goals of the Agenda 2030. Cicero Shades of Green issued a second opinion on the Framework and assigned it an overall rating of “Medium Green”.
The framework establishes conditions for managing funds, follow-up, and reporting back to lenders and investors. Balder will publish a Green Bond Impact Report annually containing a description of how the funds have been used.
More information about Balder’s green framework is available at Balder.se/green financing
For more information, please contact:
Ewa Wassberg, Head of Finance, tel. +46 31 351 83 99
Klara Appelqvist, Sustainability Manager, tel. +46 31 351 83 86
Fastighets AB Balder is a listed property company that owns, manages and develops residential and commercial properties in Sweden, Denmark, Finland, Norway, Germany and the United Kingdom. The head office is located in Gothenburg. As of 31 March 2023, the property portfolio had a value of SEK 218.0 billion. The Balder share is listed on Nasdaq Stockholm, Large Cap.
