Mestro’s customers will be the first to receive Nasdaq’s Green Equity Designation

Green stocks and investing sustainably are becoming only hotter and hotter. The latest new “Nasdaq Green Equity Designation” label, given by Nasdaq, the stock exchange operator, is on everyone's lips within the field. The first to be awarded the designation in Sweden is…. of course, our customers! Many congratulations K2A, Platzer and Humlegården Fastigheter!

Photo: Platzer is recognised on Nasdaq’s big billboard at Times Square in New York for its Green Shares / Karina Antin, Sustainability Manager, K2A Fastigheter.

The trend towards green energy, the certification of electricity, and sustainable investment, has increased dramatically over the past decade – and 2021 is no exception. On the more prestigious Nasdaq stock exchange – where Tesla and Pfizer are traded, amongst others, the green labelling of the Nasdaq Green Equity Designation, aimed at companies where more than 50 percent of turnover derives from activities that are considered to be green, and whose investments are predominantly in green activities, will now be launched. Sales of fossil fuels should also be less than five per cent.

Among the first to receive the label are two of Mestro’s clients, K2A and Platzer. For the label, the companies have been audited by Nasdaq’s partner CICERO Shades of Green – and the results were, to say the least, right up there, with an 88% or higher share of green activities in all areas. 

Karina Antin, Sustainability Manager at K2A, Congratulations – how does this feel?

– Of course, we are very pleased to receive further acknowledgment of our work on reducing our environmental impact and carbon footprint.

We understand that wood as a material has been one of the key features of your sustainability work. Please tell us more about it!

“Wood is a material that can readily be reused, i.e. it is an important part of a circular economy. The wood that we use is also free of hazardous chemicals, which partly benefits those who work with it in our factories and on our construction sites, and which partly also allows the wood to be reused. The process of getting the wood raw material that we build with, from harvesting a tree, cutting it in sawmills and transporting it to our factories, is not as energy intensive as many other building materials, which means that wood has, by comparison, a low carbon footprint during the production phase. 

And finally, what is the plan ahead?

– To begin with, we will reach our goal with our ongoing environmental certifications. In addition, during the year we will, amongst other things, develop targets for a reduced carbon footprint and lower energy use across our property portfolio.

Again – congratulations on the label! We are incredibly proud that our customers are taking green steps forward – but also paving the way for others to opt for the same sustainable future. Good job!

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