Green Bond Fact Sheet
Summary
Hemfosa Fastigheter AB issued a SEK1.3bn (USD135m) senior unsecured green bond on May 16, 2019, to fund green buildings and energy efficiency projects. As the first listed Swedish community service property owner to issue a green bond, Hemfosa requires assets to meet strict certifications (e.g., BREEAM Very Good) and energy efficiency thresholds (25% better than national regulations). The company committed to annual public reporting on the use of proceeds and GHG emissions avoided.
Key insights
- Hemfosa Fastigheter AB issued a senior unsecured green bond on 16-05-2019 with a total amount of SEK1.3bn (USD135m) and a maturity date of 16-05-2022.
- The bond proceeds are allocated exclusively to green buildings across three sub-categories: new construction and major renovation, existing buildings (including acquired ones), and energy efficiency projects such as LED lighting upgrades, heat pump replacement, and ventilation improvements.
- Eligible buildings must meet specific certification standards, including a minimum of BREEAM Very Good, Miljöbyggnad Silver, PassivHus, or GreenBuilding for new builds. New buildings must be at least 25% more energy efficient than national regulations (EPC A or B), and renovated assets must show a minimum 25% energy efficiency improvement.
- Hemfosa is the first listed community service property owner in Sweden to issue a green bond. This issuance contributed to a cumulative volume of SEK54bn (USD6.4bn) in the Swedish property sector's green issuance market.
- The issuer has committed to annual public reporting on its website, covering the use of proceeds and impact metrics such as energy performance per m2, greenhouse gas emissions reduced or avoided (tCO2e), and the degree of green building certification.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-05%20SE%20Hemfosa%20Fastigheter.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-05%20SE%20Hemfosa%20Fastigheter.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=21 May 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-05%20SE%20Hemfosa%20Fastigheter.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = may, url = {https://www.climatebonds.net/files/drupal-files/files/2019-05%20SE%20Hemfosa%20Fastigheter.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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