Green Finance
Humlegården's long-term goal is to be climate neutral by 2045. The climate goal means that we will halve greenhouse gas (CO2e) emissions by 2030, in accordance with Science Based Target initiative (SBTi) including Scope 1–3. These ambitious goals require measures in both day-to-day property management and in new constructions and tenant improvements. In the autumn of 2022, Humlegården's climate goals were validated by the Science Based Targets initiative. Humlegården's goal is for all financing to be green or sustainability- linked. In December 2022, Humlegården signed the company's first sustainability-linked loan commitment, which means that the company will have access to better financing terms if targets for climate impact and energy efficiency are achieved.
Presentation - Green Finance (in swedish)
Green financing is to be allocated to projects and assets such as green and energy-efficient buildings, but also investments in energy efficiency measures and renewable energy. This is a responsible form of financing that is in line with our sustainability strategy. In June 2017, Humlegården issued its first green bond. Since then, the company has issued SEK 7 billion in green bonds and raised SEK 4 billion in green loans.
The new framework was reviewed by the Centre for International Climate Research (CICERO), which issued a second opinion with the rating “Strong medium green” regarding the green terms and “Excellent” regarding governance. Handelsbanken served as advisor in developing the new framework.
The framework includes, for example, terms for allocating green financing as well as monitoring and reporting to lenders and investors.
Click here to read more about our green framework.
| Green financing | 2024-06-30 |
| Total | 18 134 |
| Minus, existing debt | |
| Green bankloans | 3 600 |
| Green bonds | 5 864 |
| Green certificates | 198 |
| Remaining green loan space, mkr | 8 472 |
| Sustainability linked loans | |
| Subscription commitment (unutilized) | 2 100 |
| Bankloans (unutilized credit commitments) | 2 040 |
| Sustainability linked bond | 1 000 |
| RCF | 1 100 |
Nasdaq Stockholm
Follow our greeen bonds at Nasdaq Stockholm Sustainable Bonds List.