The framework describes what types of projects and assets can be financed using green bonds, for example renewable energy such as wind turbines and solar cells. In addition to this, such bonds can also be used for green real estate financing.

“We currently have bonds of SEK 890 million directed towards our wind turbines and solar cells. We use the capital market to finance these types of assets, if the opportunity arises,” says Hans Wallenstam, CEO.

“Wallenstam has historically had, and also continues to have, a very low proportion of bond financing since we finance our property operations via banks,” says Hans Wallenstam, CEO.

The framework was reviewed by the independent research institute Cicero and once again obtained a very strong result. In its second opinion, Cicero gave Wallenstam’s framework the highest rating, Dark Green. The structure for governance and reporting in the framework also obtained the highest rating, Excellent.