NASDAQ GREEN EQUITY DESIGNATION
Lamor received Nasdaq Green Equity Designation as the first Finnish company
Lamor was the first Finnish company to receive Nasdaq Green Equity Designation on 19 January 2022. The annual review was made in January 2023 and Lamor continued to meet the criteria of the designation. The designation supports equity issuers with their green business models and strategies and enhances increased visibility and transparency toward investors looking for sustainable investments.
Nasdaq Green Equity Designation targets companies that have over 50 percent of their turnover derived from activities considered green and that continue to invest more than 50 percent in green activities. For the application, a qualitative assessment, relating to the company’s activities and investments, is performed to assess the company’s alignment with the Nasdaq Green Equity Principles by a Nasdaq approved reviewer. Cicero Shades of Green, part of S&P Global, made the review for Lamor.
“Sustainability is at the core of Lamor’s mission “Let’s clean the world”. Joining the Nasdaq Green Equity Designation supports our strategy and business activities around sustainability, to further continue investing in the green business models and solutions” says Johanna Grönroos, Chief Development Officer of Lamor.