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Corem Sells Properties for SEK 1.2 Billion

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: DI

Key takeaways

  • Kinnarps, a leading European provider of workplace solutions, is substantially reducing its greenhouse gas emissions by transitioning its transport fleet to a renewable fuel supplied by Preem
  • The company is adopting Preem’s Svanen-certified HVO100, a biofuel that offers an emissions reduction of over 90% when compared to traditional diesel
  • This strategic operational shift is integral to Kinnarps’ comprehensive sustainability strategy, which aims for a 50% reduction in emissions by 2030 and net-zero emissions by 2050
Kinnarps, a leading European provider of workplace solutions, is substantially reducing its greenhouse gas emissions by transitioning its transport fleet to a renewable fuel supplied by Preem. The company is adopting Preem’s Svanen-certified HVO100, a biofuel that offers an emissions reduction of over 90% when compared to traditional diesel. This strategic operational shift is integral to Kinnarps’ comprehensive sustainability strategy, which aims for a 50% reduction in emissions by 2030 and net-zero emissions by 2050. For CEOs and CMOs leading scale-up companies, this initiative exemplifies a concrete approach to Environmental, Social, and Governance (ESG) goals that extends beyond internal operations. By decarbonizing its logistics, Kinnarps actively assists its customers in lowering their own supply chain emissions, thereby enhancing its competitive advantage in a market increasingly driven by sustainability requirements, especially within public procurement. Furthermore, this initiative underscores a broader industry challenge: the current limited availability of renewable fuels across Europe.

Related Topics

Coremproperty divestmentreal estate portfolioSEK 1.2 billionGöteborgHuddingeNorrköpingVästerås

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