Neobo Fastigheter AB (publ) has signed its first sustainability-linked financing agreement. The agreement with Swedbank entails a three-year extension of an existing loan and links the financing to Neobos overarching sustainability goals, thereby creating additional incentives to continue its strategic sustainability journey.
The sustainability-linked loan is tied to Neobo's targets to reduce building energy consumption by 20 percent and Scope 1 and 2 GHG emissions by 50 percent by 2030. To ensure that the long-term ambitions are achieved, the sustainability linkage has been broken down into annual interim targets, and the loan margin is adjusted based on the level of target achievement.
-We continue to integrate our sustainability ambitions across our entire business by linking our financing to Neobo's overarching sustainability goals. The sustainability linkage creates transparency and clear incentives and demonstrates that we are serious about the sustainable transition, says Ylva Sarby Westman, CEO of Neobo.
For more information, please contact:
Ylva Sarby Westman, CEO
mobile: +46 (0) 706 90 65 97 e-mail: ylva.sarby.westman@neobo.se
About Us
Neobo is a real estate company that manages and refines residential properties over the long term in municipalities with strong demand for rental apartments. Our vision is to create attractive and sustainable living environments where people can thrive and feel secure. Neobo's shares are listed on Nasdaq Stockholm under the ticker symbol NEOBO and ISIN code SE0005034550.
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CEO Ylva Sarby Westman
Dubbelkrut Skellefteå
