Sustainability
SUSTAINABILITY – AN INTEGRAL PART OF EVERYTHING WE DO
With our roots in Småland and headquarters in Värnamo, we often say that “Nivika – this is real estate the Småland way”. People from Småland are known for their perseverance, ingenuity and resourcefulness. Since its inception, Nivika has been characterised by a long-term perspective and sustainability. What is sustainable in the long run is also, in most cases, economically sound. By investing in sustainable properties, carefully selecting materials for construction and refurbishments, using local suppliers and maintaining close relationships with our tenants, leasing and property management become more sustainable and efficient over time.
Sustainable business – with proximity and commitment
Our operations are guided by the vision of owning and managing high-yield properties for generations, based on Småland prudence, and of being the natural choice for tenants. Sustainability is integrated into our operations and permeates both property management and development of the portfolio. Our overarching objective is to secure an attractive property portfolio with long-term resilient value, without negative impact on people or the environment.
Local presence for global goals
Agenda 2030
We focus our sustainability efforts on the areas where we have the greatest impact and thus the greatest opportunity to contribute to positive development. Nivika contributes to the fulfilment of Agenda 2030, with particular focus on selected sub-goals.
Sustainability strategy
We have four strategic focus areas within sustainability: environment and resource use, sustainable urban development, sustainable employees and long-term value creation. Together, these areas encompass Nivika’s operations and their impact, risks and opportunities from a sustainability perspective.
E
ENVIRONMENT
Environment and resource use
We build, manage and develop properties in a resource-efficient manner with a focus on climate impact. Ensuring that our properties are energy efficient, have low climate impact and contribute to a functional and healthy indoor environment is of key importance. It is in and around our properties that we can make the greatest contribution to minimising environmental impact, and we therefore focus on measuring, reporting and improving the climate impact, environmental performance and energy use of our properties.
- Climate impact and adaptation to climate change
- Resource efficiency – materials, energy and waste
- Biodiversity
Target 2030
Reduce greenhouse gas emissions in line with the Paris Agreement.
S
SOCIAL
Sustainable employees
We are an inclusive workplace with healthy and engaged employees. Employee satisfaction, engagement and development have a direct impact on customers’ experience of their relationship with Nivika, as well as on our ability to deliver strong results. In our ambition to be an attractive employer, we prioritise working environment, skills development, gender equality and diversity.
- Healthy working environment
- Gender equality and diversity
- Skills development
Target 2030
Be a safe och supportive employer and a preferred choice in our industry.
S
SOCIAL
Sustainable urban development
We are a local community developer offering attractive and pleasant premises and homes for our tenants. Through our core business, Nivika contributes to regional development and creates conditions for tenants to act sustainably. We also engage in initiatives related to infrastructure, innovation and education, and prioritise local suppliers.
- Safe neighborhoods and communities.
- Attractive properties
Target 2030
Increase safety and well-being among our tenants.
G
GOVERNANCE
Long-term value creation
We create long-term value through responsible business practices. Acting responsibly in our relationships with customers, suppliers and partners is essential to trust and to our ability to build long-term successful business relationships. We place strong emphasis on ensuring financial stability, responsible relationships throughout the value chain and compliance with Nivika’s Code of Conduct.
- Financial stability
- Responsible business conduct
- Workers in the value chain
Target 2030
Only work with business partners who adhere to Nivika’s values.
Science-based targets
Our climate targets have been validated by the Science Based Targets initiative (SBTi). The targets are aligned with the 1.5°C goal of the Paris Agreement and follow the new global standard for the construction and real estate sector.
The approval confirms that Nivika’s targets for reducing greenhouse gas emissions are science-based and meet the highest level of ambition according to SBTi’s classification. Nivika thereby commits to reducing greenhouse gas emissions across the entire value chain until 2034.
Based on 2024 as the base year, Nivika shall:
- Reduce direct emissions (Scope 1) by 58.8%
- Reduce operational emissions (Scopes 1, 2 and 3) from owned and leased buildings by 63.2% per m²
- Reduce emissions from new construction (Scope 3) by 56.8% per m²
- From 14 August 2025, not install any new fossil fuel-powered equipment in properties owned or financially controlled by the company
Nivika is proud to take clear responsibility for the climate and to contribute to a more sustainable real estate sector.
Read more here ›
Award for sustainable value creation
Nivika has been awarded Symbios 2025 as one of three companies in Sweden, recognising companies that combine profitable growth with long-term responsibility. The award is presented by the management consultancy firm Eidra and is based on a comprehensive analysis of more than one million Swedish companies, where both financial performance and sustainability aspects are assessed. The jury highlighted Nivika’s ability to integrate commercial success with environmental and social responsibility.
In 2024, Nivika joined the UN Global Compact. The UN Global Compact is a United Nations initiative that encourages companies worldwide to act responsibly and sustainably. It is based on ten principles covering human rights, labour, environment and anti-corruption. Participating companies are expected to integrate these principles into their operations and to report annually on their progress.
Read more here
Human rights
1: Support and respect internationally proclaimed human rights within the company’s sphere of influence
2: Ensure that the company is not complicit in human rights abuses
Labour
3: Uphold freedom of association and the effective recognition of the right to collective bargaining
4: Eliminate all forms of forced and compulsory labour
5: Abolish child labour
6: Eliminate discrimination in respect of employment and occupation
Environment
7: Support a precautionary approach to environmental challenges
8: Undertake initiatives to promote greater environmental responsibility
9: Encourage the development and diffusion of environmentally friendly technologies
Anti-corruption
10: Work against corruption in all its forms, including extortion and bribery
LOCAL COLLABORATIONS
Hållbarhetslöftet
Hållbarhetslöftet (eng: The Sustainability Pledge) for companies is part of Jönköping County’s efforts to achieve Sweden’s environmental objectives and the global goals for sustainable development in Agenda 2030. The initiative focuses on environment and climate, while often also generating positive synergies across several sustainability areas.
Växjödeklarationen
Växjödeklarationen (eng: The Växjö Declaration) is a framework through which the municipality of Växjö collaborates with companies, organisations, civil society and the public sector to encourage contributions to Sustainable Växjö 2030. Through the declaration, participants demonstrate their commitments to supporting the transition to a sustainable Växjö. The declaration is linked to the sustainability programme Sustainable Växjö and covers all dimensions of sustainability.
Healthy business ethics
Code of Conduct
Commitment, honesty, joy and sustainability are Nivika’s core values. These values guide our daily work and the relationships we build with colleagues, customers and partners.
The Code of Conduct describes how Nivika’s employees are expected to act in the workplace and in business dealings. It also sets out what Nivika expects from its employees and business partners, as well as what stakeholders can expect from us.
Whistleblowing
Nivika’s whistleblowing function enables employees and individuals who, in a work-related context, have gained access to information about misconduct to report serious irregularities that might otherwise not be reported.
The whistleblowing function is handled by the Chairman of the Board, Elisabeth Norman. Reports can be submitted by email to elisabeth.norman@salneckeslott.se, by phone on +46 70 561 60 99, or by arranging a physical meeting.
Annual Report 2023/2024
Read more about Nivika Fastigheter AB's operations, financial development and strategic direction,in the annual report for the financial year 2023/2024
Contact
Contact Emelie for information about Nivikas sustainablility work.
Emelie Regnell
SUSTAINABLE MANAGER
+46 10 - 263 61 71
emelie.regnell@nivika.se