SBB receives a "Prime" ESG rating from ISS ESG
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") has just completed the annual ISS ("Institutional Shareholder Services") ESG rating update. SBB's corporate rating has been upgraded and is now considered "Prime". It serves as an indicator of the quality of SBB's performance in social and environmental areas. In addition, all of SBB's bonds now qualify as "responsible investments".
"Sustainability is fully integrated into SBB's business model. The Board and management see it as our absolute responsibility to do everything we can to limit climate change. We are already the industry leader in social sustainability. This updated ESG rating from ISS ESG further helps us demonstrate our exceptional sustainability efforts in the social and environmental space to our stakeholders," says Marika Dimming, IR and Head of Sustainability, Samhällsbyggnadsbolaget i Norden AB.
SBB already has the highest rating from Sustainalytics in its rating category. SBB's ESG risk is classified as low (10.7 on a scale from 0 to 50 where the limit for negligible is 10) and risk management is considered strong. SBB also has an A rating from MSCI.
For further information, please contact:
Marika Dimming, IR and Head of Sustainability, Samhällsbyggnadsbolaget i Norden AB, marika.dimming@sbbnorden.se
Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.