Arctic: Bonava - Refinancing completed on improved terms

Research evidence excerpt

Arctic: Bonava - Refinancing completed on improved terms

ESG PROFILE

ESG SNAPSHOT AND DISCLOSURE Selected key ESG risks and mitigation ESG disclosures

• Bonava integrates sustainability into its residential development • Reporting and frameworks: Annual sustainability reporting aligned

• Climate risk: Emissions from construction and energy use.

model, focusing on energy-efficient buildings, reduced climate with GRI, transitioning to CSRD from 2025, with climate targets

Mitigated through energy-efficient building design, reduced fossil

impact and responsible urban development validated by SBTi

fuel usage and increased use of renewable energy

• The company has approved climate targets by the Science Based • Key policies and governance:

• Material and supply chain risk: Exposure to carbon-intensive

Targets initiative (SBTi), with a commitment to reduce Scope 1

materials and supply disruptions. Mitigated through design • Sustainability policy and ESG strategy

and 2 emissions by ~42% by 2030 (base year 2022)

optimization, material choices and improved supplier • Code of conduct and ethics policy

• Sustainability is embedded across the value chain, including requirements

design, material selection and construction, with a focus on • Supplier requirements and responsible sourcing

• Execution and safety risk: Construction-related risks including

energy-efficient buildings and lower lifecycle emissions accidents and delays. Mitigated through safety programs, • Risk management and compliance framework

• Bonava publishes an annual sustainability report aligned with GRI improved reporting culture and operational controls • Selected ESG performance highlights (2025):

standards and is transitioning to CSRD reporting from 2025