SBB updates its Green Financing Framework, eligible for green financing instruments totalling approximately SEK 10bn
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) updates its green financing framework in order to be able to issue green financing instruments, currently totalling SEK 10bn. The green financing framework has been subject to an independent external assessment by the Center for International Climate and Environmental Research in Oslo, Norway (CICERO).
“Sustainability is a central part of our business model and the updated green financing framework will support our Sustainability Vision 2030 with the target to become 100 per cent climate neutral in 2030,” comments Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.
SBB’s green financing framework is in line with the so-called Green Bond Principles, which have been developed by the International Capital Market Association (ICMA). SBB has commissioned and received an independent valuation by CICERO of the green financing framework and associated steering documents and routines for assessing the environmental impact of the projects. In light of their assessment of project types, steering documents goals and reporting standards, SBB’s green financing framework has received a “Medium Green” assessment by CICERO.
SBB has worked with Citi to develop the green financing framework.
For further information, please contact:
Marika Dimming, IR and Head of Sustainability, +46 70 251 6689, marika@sbbnorden.se
About Samhällsbyggnadsbolaget i Norden AB (publ)
The company’s strategy is to own, manage and develop community service properties throughout the Nordic region and rental apartments in growth regions in Sweden. Through the company's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the company an attractive long-term partner. At the beginning of 2018, SBB was named the winner of the Real Estate Company of the Year Award for 2017. The company’s series B shares (short name SBB B) and D shares (short name SBB D) are listed on Nasdaq Stockholm, Large Cap. The company’s preference shares (SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: certifiedadviser@penser.se / +46 84638300). More information about the company is available at www.sbbnorden.se.