Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Energy Efficiency
• Sustainable Property Portfolio

Environmental Achievements

• Implemented a support system to optimize energy management operations, resulting in 130.4 kWh/sqm energy consumption in 2021 (directly purchased by Emilshus).
• Phasing out fossil energy sources.
• Annual tenant visits to review operations and sustainability issues.

Social Achievements

• Maintains a gender distribution of 33% women on the Board of Directors, 40% women in management, and 77% women among other employees (as of 2021-12-31).
• Sponsorships aligned with community engagement and employee pride.
• Accepts trainees in relevant fields.

Governance Achievements

• Four independent members on the Board of Directors.
• External whistle-blower function.
• Staff informed about Emilshus' policies, including anti-corruption.

Climate Goals & Targets

Environmental Challenges

• Climate impact from CO2 emissions in property and project operations.
• Converting older properties to meet rising sustainability requirements in a rapidly changing technological landscape.
• Balancing renovation of older buildings with the need to avoid high carbon emissions from new construction.

Mitigation Strategies

• Energy surveys and action plans for top energy-consuming properties.
• Standards for contractors based on Fastighetsägarna’s Code of Conduct.
• Evaluation of properties for certification and energy reduction opportunities.
• Climate risk review of existing properties to inform action plans integrated into maintenance and operations.

Supply Chain Management

Supplier Audits: Annual evaluation of contractors

Responsible Procurement

• Purchasing policy, environmentally friendly goods and services, local sourcing

Climate-Related Risks & Opportunities

Physical Risks

• Severe storms, higher temperatures, increased groundwater levels

Transition Risks

• Increased sustainability requirements from tenants and society

UN Sustainable Development Goals

• 7
• 12
• 13
• 3
• 11

Reducing energy consumption, replacing fossil fuels, community engagement.

Environmental Metrics

ESG Focus Areas

• Energy efficiency

Environmental Achievements

• Reduced energy consumption per sqm in the like-for-like property portfolio by an average of 2% per year from 2022 to 2030 (goal)
• Replacement of lighting and ventilation in Värnamo, generating total savings of 105,000 kWh annually (12% of the property’s total energy consumption).

Social Achievements

• Not disclosed

Governance Achievements

• Established a green finance framework reviewed by Cicero Shades of Green, awarded Light Green (strong) classification with a Good governance rating.

Climate Goals & Targets

Environmental Challenges

• Market interest rate trends impacting operations.
• Risk of price increases, delivery problems, and weaker economic climate impacting the company or tenants.

Mitigation Strategies

• Continual efforts at optimizing the company’s financing.
• Proactive management of debt maturities (early redemption of bonds).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: IFRS Accounting Standards, IAS 40, IFRS 13

Certifications: Null

Third-party Assurance: KPMG AB

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed