Studentbostäder i Norden: ESG profile - ABG
Company activities
Studentbostäder I Norden has a vision to provide sustainable housing for students. Its renewed strategy for sustainability development is divided into three focus areas; 1) develop environmentally sustainable housing, 2) develop socially sustainable communities and areas, as well as 3) maintaining business ethics and governance at all levels. During 2022, the company will set up quantifiable targets to follow up on the above objectives. What we can observe is that the company currently uses 32.7% renewable material in its real estate development, while it has reduced its greenhouse gas emissions from district heating use by 36% since 2018.
Risks and opportunities
The construction and real estate sector leaves carbon footprints through the entire value chain, including the production of materials, buildings and managing properties. Buildings have an environmental impact, and it is important for Studentbostäder I Norden to minimise this impact by reducing its consumption of energy, waste, water and chemicals. Other risks that the company is exposed to are social and governance issues such as health and safety, ethical business conduct, and transparency. The company could impact the entire value chain of the sector by imposing sustainable requirements on suppliers and tenants.
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Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/studentbostader-i-norden/Equity-research/2022/5/studentbostader-i-norden---esg-profile/