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Profitable business can be done without compromising sustainability goals. This is the opinion of the real estate company K2A, which has focused on Nordic eco-labeled houses and lets climate problems lead the way. The company already has strict sustainability requirements, but it aims even higher.
With a new sustainability manager in place, real estate company K2A wants to continue to push the boundaries of its sustainability work, even though it is already at the forefront. The company has a high proportion of properties with environmental certification, and it was also the first in the world to have its shares rated as green by the research institute CICERO Shades of Green.
– This means that an independent party has assessed that K2A’s capital flows and investments are in line with a future of carbon dioxide and climate resilience. We are very proud of our green actions, which show that we want to accelerate our sustainability work, says Karina Antin, K2A’s sustainability manager.
K2A is the only company in the world that has a three-tier green financing, where green stocks are one part and green loans and bonds are another two. The company itself has control of the entire value chain, from the production of volumes of Nordic Ecolabel wooden apartments, to the long-term ownership and management of finished homes.
– The advantage of owning the entire process is that we have full control over material flows and can actively reduce our climate impact at every step of the value chain. This makes it possible to have a long-term approach that is sustainable both environmentally and financially over time, says Karina Antin.
For K2A, sustainability not only means investments to ensure the quality of the construction process and reduce climate impact, but the company also takes social responsibility and aims to have the most prosperous tenants. We want the society affected by our business to also benefit from it.
– More and more municipalities take into account the aspect of sustainability when allocating land and will increase the demands on construction actors. We will soon see that sustainability in this industry is life and death, says Karina Antin.
Today, many companies aspire to have zero net greenhouse gas emissions by 2030. K2A wants to go further and invest in being climate positive by 2030.
– We will set even more precise sustainability targets in the future, and we want to get there without having to buy emission rights. We see now that we can do profitable business without compromising our sustainability work, says Karina Antin.
Facts about K2A
K2A Knaust & Andersson Fastigheter AB – the green real estate company, owns, develops and manages long-term rental apartments for all types of housing and community properties. K2A is the first company in the world with ecological shares. Contact: [email protected]
Read more about K2A’s important and sustainable work here
