Hemsö updates Sustainability Finance Framework and enables issuance of EU Green Bonds
Hemsö has updated its Sustainability Finance Framework (Framework) in accordance with the International Capital Market Association’s (ICMA)Green Bond Principles and Social Bond Principles. In connection with the update, the company has also published a new EU Green Bond Factsheet (EuGB Factsheet) that enables the issuance of bonds under the EU Green Bond Standard.
The updated Framework is an important part of Hemsö’s continued efforts to integrate sustainability into its financing and to create clear incentives and conditions for achieving the company’s ambitious sustainability targets. Among other things, criteria have been introduced to address the climate impact from the construction process, requirements for climate risk and vulnerability assessments for properties, as well as new criteria related to circular construction and resource efficiency.
“The update of our Framework strengthens the link between our financing and our sustainability goals. By also enabling the issuance of EU Green Bonds, we are taking a further step toward future-proofing our financing and meeting investors’ increasing demands for transparency and standardization”, says Rutger Källén, Deputy CEO and CFO of Hemsö.
The Framework is intended, among other things, to support Hemsö’s sustainability strategy, which aims to achieve net-zero greenhouse gas emissions across the entire value chain (scope 1, 2 and 3) by 2040. By directing capital toward projects with clear environmental benefits, the conditions are created to accelerate the transition within the company’s property portfolio.
Swedbank has acted as Structuring Advisor to Hemsö in the process of updating the Framework and developing the accompanying EuGB Factsheet. The Framework and EuGB Factsheet have been reviewed by Moody’s, which has issued a Second Party Opinion (SPO) and EuGB Pre-Issuance Review, evaluating both documents against relevant market standards and sustainability criteria.
The updated Framework and new EuGB Factsheet is available on Hemsö’s website together with the related documentation: Hemsö's sustainable framework
For more information, please contact:
Rutger Källén, Deputy CEO and CFO +46 8-501 170 35
Karolina Brick, Head of Sustainability +46 8-501 171 40
Hemsö is Sweden’s leading owner of properties for public use. The business is based on sustainably owning, managing and developing properties for nursing home, education, health care and the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund (AP3) is the majority owner. The total value of Hemsö’s property portfolio is SEK 87 billion. Hemsö has had a credit rating of A- from Standard & Poor’s since March 2015, AA- from Fitch Ratings since March 2024 and A3 from Moody's since February 2025. More information can be found at: www.hemso.se.