Fabege named by GRESB as global leader in sustainability in 2020

NACKA, Sweden, Nov. 24, 2020

The GRESB Sector Leader Awards, which have now recognised Fabege on a global level, highlights real estate and infrastructure companies, funds and assets that have shown outstanding leadership in sustainability. The survey covers a broad range of areas, including environmental aspects, social sustainability, governance and monitoring.

"We are proud to recognise the sector leaders for 2020, for their clear commitment and meaningful actions to improve their ESG performance. These efforts are continuing to shape the future for leadership in sustainability and are playing a crucial role in accelerating the transition to truly sustainable assets", says Sander Paul van Tongeren, CEO of GRESB.

Fabege's goal is to make an active contribution to the Stockholm region's development into an even more sustainable location and sets the bar high for future-proofing both properties and the customer offering over time. The company's long-term approach and concentrated property portfolio enables it to make investments in all parts of the urban environment, such as by helping to improve access to public transport, making life easier for cyclists, encouraging a healthy lifestyle and creating safe street environments with green spaces and an attractive range of services.

"High ambitions, commitment and a lot of hard work all through the organisation lie behind the award of this recognition. In our role, we can influence developments and it is a responsibility that we shoulder with pleasure. In these areas, there should only be winners", says Mia Häggström, Sustainability Manager at Fabege.

Fabege's sustainability goals include:

• Climate neutral management by 2030 
• Environmental certification of the entire property portfolio - 100% (today: 100%)
• Green funding - 100% (today: 95%)
• Average energy consumption in 2023 shall amount to max. 77 kWh/sqm (today: 81 kWh/sqm)  

Fabege AB (publ)