Purmo Group launches Green Finance Framework

Purmo Group Plc (“Purmo Group”) has established a Green Finance Framework to integrate the company’s sustainability ambitions into its funding. Establishment of the Green Finance Framework supports Purmo Group’s global sustainability journey and mission to be the global leader in indoor climate comfort solutions.

The Green Finance Framework is designed to support financing or refinancing Eligible Assets and Expenditures, in part or in full, that enable energy efficiency improvements, such as equipment for heating and cooling systems, and components enabling smart controlling and monitoring of heating and cooling systems.

“We have made considerable progress regarding Purmo Group’s sustainability agenda over the last years, both in terms of setting ambitious targets and launching key initiatives. The Green Finance Framework is a great tool which will create a link between our strategy and funding, enabling Purmo Group to issue green financial instruments to fund and refinance activities in relation to our sustainability journey,“ comments John Peter Leesi, CEO of Purmo Group.

Nordea Bank Abp acted as the sole green structuring adviser in relation to the establishment of the Green Finance Framework, and green finance evaluation expert Moody’s acted as an independent second opinion provider.

The Green Finance Framework, the Second Party Opinion and the ESG Q&A, can be found on Purmo Group’s website at https://investors.purmogroup.com/greenfinance/.

Further information:
Tanja Träff, Group Treasurer, Purmo Group Plc
Tel. +358 40 750 1184
Katariina Kataja, Head of Investor Relations, Purmo Group Plc
Tel. +358 40 527 1427

Distribution:
Nasdaq Helsinki Ltd
Principal media
investors.purmogroup.com

About Purmo Group:
Purmo Group is a leader in sustainable indoor climate comfort solutions in Europe. We provide complete heating and cooling solutions to residential and non-residential buildings, including radiators, underfloor heating, heat pumps, towel warmers, valves and controls. Our mission is to be the global leader in sustainable indoor climate comfort solutions. Our 3,400 employees operate in 24 countries, manufacturing and distributing top quality products and solutions to our customers in more than 100 countries globally. Purmo Group’s shares are listed on Nasdaq Helsinki with the ticker symbol PURMO. More information: www.purmogroup.com.