Nordea: Trianon signs sustainability-linked loans with Nordea

The real estate company Trianon has signed sustainability-linked loans with Nordea, according to a press release. "Existing loans of approximately SEK 2.5 billion will, with the new agreements, be sustainability-linked and linked to Trianon's overall sustainability goals, including ongoing work to improve the energy class of the properties," it says. The loans have maturities of between one and three years and have targets for each year. They are linked to two environmental and two social sustainability objectives, focusing on energy efficiency, climate impact, safety and inclusion in residential areas, among others. If the targets are met, lower interest rates are given on the loans, Trianon writes. "Trianon's goal is for the share of sustainable financing to reach 100% by 2030. After signing the sustainability-linked loans with Nordea, Trianon's sustainable financing will go from a share of 35% to 70%," it says.