Bonava has green loans and issues green bonds, through which we offer the market an opportunity to be part of financing the transition we have committed to pursuing with our Science Based Targets, and specifically the investments we are making in order to deliver ecolabelled homes. The current framework facilitates green financing for projects that will be Nordic Swan ecolabelled or certified DNGB Gold or higher. The framework has been certified by Sustainalytics.
EU taxonomy for sustainable financing
Ensuring that the agenda leads to increased availability of external financing is an important component of our materiality analysis going forward, especially in relation to the EU taxonomy for sustainable financing. The purpose of the taxonomy is to help investors identify and compare environmentally sustainable investments using a shared classification system for environmentally sustainable economic activities.
Bonava's current observations on the EU's taxonomy for sustainable financing:
- Essentially, Bonava’s operations are eligible for the criteria of the EU taxonomy: we develop new housing units.
- Even now, much of our production complies with the main criteria of the environmental objective of limiting climate change by delivering buildings that are at least ten per cent more energy-efficient than is required by the near-zero energy construction regulations implemented in the EU or by belonging to the 15 percent least energy-intensive buildings in a market where near-zero energy construction regulations are lacking.
Read more about our financing here.