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    SPP continues to expand in sustainable real estate management

    Stockholm (NordSip) – After investing approximately SEK 3 billion in properties in 2016, the Swedish insurance and pension company SPP has reiterated its commitment to expand its sustainable property management initiative as well as accelerate its environmental and climate protection efforts.

    Currently, over 80 per cent of the properties invested in by SPP have been assessed to evaluate how environmentally sustainable they are. This assessment has then been formalised into an environmental certification. The goal is to reach 100 per cent of environmentally certified properties.

    According to Marita Loft, the CEO of Storebrand/SPP real estate, the property company is already climate neutral, but the goal is to be free of fossil fuels as far as possible. “We will begin the installation of solar panels on the roofs of the buildings where there are favorable conditions, which is very exciting and very timely. The aim is to further sharpen our sustainability work in 2017 and continue to expand”, says Marita.

     

    Picture: © Romolo-Tavani—shutterstock.com

    Aline Reichenberg Gustafsson, CFA
    Aline Reichenberg Gustafsson, CFA
    Aline Reichenberg Gustafsson, CFA is Editor-in-Chief for NordSIP and Managing Director for Big Green Tree Media. She has 18 years of experience in the asset management industry in Stockholm, London and Geneva, including as a long/short equity hedge fund portfolio manager, and buy-side analyst, but also as CFO and COO in several asset management firms. Aline holds an MBA from Harvard Business School and a License in Economic Sciences from the University of Geneva.

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