Fabege enters its third year as a Green Equity on Nasdaq Stockholm, following S&P Global Ratings' annual and independent assessment of the company's sustainability performance. The green designation serves as evidence that a significant share of Fabege's revenue and investments is derived from green activities.
The Nasdaq Green Equity Designation aims to increase transparency and visibility for companies with a low climate footprint and to support investors seeking sustainable investments. To qualify as a Green Equity, at least 50 percent of a company's revenue and investments must be defined as green, and less than 5 percent of its assets may be linked to fossil fuels.
The results underpinning this year's assessment show that 86 percent of Fabege's revenue and 85 percent of its investments are classified as green.
The analysis also evaluates Fabege's roadmap for achieving its climate targets for 2030 (Future Shade). New this year is that the assessment also includes the activities Fabege is already undertaking today to reach its climate goals (Current Shade). Fabege achieved a Medium Green classification in both categories.
- Sustainable value creation is central to everything we do at Fabege, in our customer offerings as well as in our daily work with property management and project development. Being rated Medium Green in both the Current Shade and Future Shade assessments confirms that our efforts are driving sustainable development both today and over the long term, says Mia Häggström, Head of Sustainability at Fabege.
Explore the full analysis here.
Fabege AB (publ)