In November 2021, Kährs issued a bond linked to the Group’s sustainability work.

The bond is linked to the outcome of three defined sustainability goals that are aligned with the group’s ambitious sustainability strategy, Kährs Planet Positive Journey.

Kährs' Sustainability Performance Targets (SPT):

• Reduce climate emissions from Scope 1 and Scope 2 by 40% by 2025
• Define Science-based CO2 emission reduction targets and achieve validation by SBTi by 2023
• Increase percentage of sustainably sourced wood to 87% by 2025

The Governance Group carried out an independent review of the sustainability framework and awarded Kährs with A-rating.