Handelsbanken acts as advisor to Akademiska Hus when they establish their green bond framework

Göteborgs universitet

Photo credit: KUB arkitekter

Handelsbanken acts as advisor to Akademiska Hus

Akademiska Hus, the government-owned real estate company that owns, develops and manages properties for universities, colleges and campuses in Sweden, recently launched a green bond framework with Handelsbanken acting as advisor. The framework has been reviewed by CICERO, a Norwegian institute for international climate research, who in their second opinion assigned it the rating “Dark Green” – the highest level.

Akademiska Hus works extensively with sustainability and has ambitious climate goals. By 2025 internal operations and property operations will be climate-neutral and by 2045 project operations will also be climate-neutral. To achieve this, the company is investing in renewable energy, energy savings and sustainable transport solutions, and has for instance invested in more than 50 solar parks which generate four million kWh per year. 

”We have levelled up our ambition and today we have a clearer governance towards a low climate impact in every stage of the construction process. To make demands early is crucial, but it also has to be complemented with climate calculations as a part of decisions, for instance when choosing systems or material. However, the question is bigger than that. In order to be able to efficiently take the environment into consideration throughout the construction process a more developed cooperation is needed, as well as the industry joining forces to share knowledge with each other regarding material, calculations and innovations to make it easier to make sustainable choices.”

- Mia Edofsson, Hållbarhetschef, Akademiska Hus.

Akademiska Hus also work very actively with the Sustainable Development Goals. They have chosen seven main goals, for instance goal 4: Quality education for all, goal 7: Sustainable energy for all, goal 11: Sustainable cities and communities and goal 12: Responsible consumption and production. Akademiska Hus aim to ensure good work and study environments for lifelong learning with sustainable areas and buildings. As a part of the company’s mission they also have the ambition to build affordable student accommodation. By 2021, Akademiska Hus’ goal is to help create 11,000 undergraduate and graduate student housing units.

With their green bonds, Akademiska Hus intends to finance green new construction and green renovations of buildings as well as energy savings, renewable energy, sustainable transport solutions and green land areas. For instance, more solar panels will be financed, and when finished, they are anticipated to generate six million kWh per year. 

Another example is the new building, Humanisten in Gothenburg (seen above) whose purpose is to make the university area south of Götaplatsen a unique and creative meeting place. The lightning and the ventilation is controlled based on needs, the building is equipped with low-energy windows and the energy that is bought is environmentally friendly. Daylight, solar gain, the sound environment, moist proofing and shading has also been taken into consideration. Finally, only building material recommended in “Byggvarubedömningen” has been used. The new Humanisten will be certified according to Miljöbyggnad Gold, which is the highest grade. 

For more information:
Akademiska Hus’ Green Bond Framework Opens in a new window
CICERO’s Independent evaluation (Second Opinion) Opens in a new window