Based on our work with our green framework, we were one of the first listed companies in Sweden to receive the Nasdaq Green Equity Designation. The green labeling of shares is aimed at companies where more than 50 percent of turnover comes from activities that are considered green and whose investments are predominantly in green activities. Labeling also takes into account other sustainability parameters.
By obtaining the Nasdaq Green Equity Designation, we have received a fine token of our sustainability work, while at the same time clarifying our sustainability investment further. The label gives increased visibility to investors looking for sustainable investments.
“Wästbygg has developed a Green Finance Framework that enables green labelling of both equity and debt instruments. It is a natural part of our sustainability efforts and serves to further increase transparency regarding our climate footprint as well as being used as an internal steering tool in making sustainable business decisions. Joining now Nasdaq Green Equity Designation program further supports our strategy in sustainability and we are proud to be one of the few companies in Sweden to receive an approved application,” says Jörgen Andersson, CEO Wästbygg Gruppen AB.