K2A raises its green framework ambitions
K2A Knaust & Andersson Fastigheter launches an updated green finance framework and an updated green equity framework. The new frameworks include stricter sustainability requirements and a clearer link to the EU green taxonomy than before.
In 2020, K2A became the first company in the world to adopt an externally audited green equity framework and the world’s first company with green-designated shares. In 2021, Nasdaq Stockholm presented a similar framework, which has since formed the basis for the Nasdaq Green Equity Designation, which has been granted to K2A, among others. K2A is now updating its green equity framework, incorporating Nasdaq's requirements into its own framework, while retaining its criteria on the choice of construction materials and far-reaching energy efficiency and environmental certification requirements.
“More and more people want to invest sustainably, and the different options need to be easier for the market to understand. Our new green equity framework makes it clear that we’re going further than others in terms of the demands we set for ourselves. Everyone who invests in K2A can feel confident they are contributing to the transition to a more sustainable society with lower carbon emissions," says Johan Knaust, CEO of K2A.
K2A is also updating its finance framework to reflect best market practice and K2A's green credentials. The framework defines the environmental benefits to be provided by projects financed or refinanced by issuing green bonds, green hybrid bonds and other similar debt instruments.
“K2A is the green real estate company and there should be no doubt that we deliver on sustainability. The updates to the finance framework ensure that our green definitions are more clearly in line with the EU taxonomy, and we are also setting stricter energy requirements and environmental certification standards," says Karina Antin, Chief Sustainability Officer at K2A.
For further information:
Johan Knaust, CEO, +46 707 40 04 50, johan.knaust@k2a.se
Karina Antin, Chief Sustainability Officer, +46 735 07 27 24, karina.antin@k2a.se
Pontus Ekerljung, Public Relations Manager, +46 730 24 36 00, pontus.ekerljung@k2a.se
K2A Knaust & Andersson Fastigheter AB (publ) – the green real estate company – manages rental apartments in the long term for all types of housing and community service. The company’s markets are in Stockholm, the Mälardalen region and a number of university/college cities across the rest of Sweden. Refer also to www.k2a.se. K2A’s B share (K2A B) and preference share (K2A PREF) are listed on Nasdaq Stockholm.