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SBB updates Vision 2030 - will be climate positive in the entire value chain by 2030

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The Board of Directors of Samhällsbyggnadsbolaget i Norden ABs (publ) (“SBB”) has updated SBB’s Vision 2030, which sets further rigorous demands on the company is terms of its own sustainability objectives. By 2030, SBB will be climate positive in the entire value chain at the same time as the property portfolio consists of 90 percent social assets and has been climate-adapted with regard to climate risks.

The basis for Vision 2030 is that SBB strives to be the most sustainable real estate company in the world and to set the agenda for sustainable development in the entire real estate industry. The previous goal has been to achieve climate neutrality by the year 2030, but given the latest climate report from the IPCC which shows an acute global warming, SBB believes that the work must be intensified with further rigorous demands compared to previously.

Vision 2030 covers objectives at the overall level and within the three sub-areas environmental sustainability, social sustainability and economic sustainability and governance. Below is a selection of the goals. The complete framework is presented on SBB's website (https://corporate.sbbnorden.se/en/sustainability/).

Vision 2030

  • Climate positive by 2030 (in the entire value chain)
  • At least 90 per cent social assets in the real estate portfolio
  • Climate-adapted property portfolio with regard to climate risks (such as regulatory and physical risks)

Environmental Sustainability

  • Reduced energy use and climate impact by five per cent per year
  • At least 50 per cent of new production shall be built in wood from certified forestry
  • The entire property portfolio and all new production must be within ten minutes walking distance from public transport
  • Reduced water use by one per cent per year

Social Sustainability

  • 100 percent of the municipalities we operate in are offered support in the form of apartments for their social housing work
  • At least 90 per cent social assets in the real estate portfolio
  • Contribute with at least 200 summer jobs per year to young people who live in our residential areas

Economic Sustainability and Governance

  • Investment grade rating BBB + in the short term and A- in the long term
  • 100 per cent sustainable financing

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB comments on the updated Vision 2030:

“Sustainability is fully integrated into SBB's business model, and the Board of Directors and Management see it as our absolute responsibility to do everything we can to limit climate change. Our roadmap to 2030 includes accelerated efforts regarding energy efficiency improvements in the entire property portfolio, expansion of solar and wind power as well as charging posts, and strict requirements for a climate-efficient construction process. In 2030, more than 100 per cent of SBB's electricity needs will be covered by solar and wind power. At the same time, we continue to focus on new construction in wood from certified forestry, focus on building in areas close to public transport and work close with the municipalities in their social housing work.”

För ytterligare information, vänligen kontakta:

Ilija Batljan, VD och grundare av Samhällsbyggnadsbolaget i Norden AB, ilija@sbbnorden.se

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) är Nordens ledande fastighetsbolag inom social infrastruktur. Bolagets strategi är att långsiktigt äga och förvalta samhällsfastigheter i Norden och hyresreglerade bostadsfastigheter i Sverige samt att bedriva ett aktivt fastighetsutvecklingsarbete. Genom SBBs stora samhällsengagemang finner kommuner och andra intressenter en långsiktig samarbetspartner i bolaget. Bolagets B-aktie (symbol SBB B) och D-aktie (symbol SBB D) handlas på Nasdaq Stockholm, Large Cap. Mer information om SBB finns på www.sbbnorden.se.

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