Vasakronan
Vasakronan AB, a leading player in the Swedish real estate sector, is headquartered in Stockholm, Sweden. Founded in 1993, the company has established a strong presence across major urban regions, including Gothenburg and Malmö. Specialising in property management and development, Vasakronan focuses on sustainable office and retail spaces, setting itself apart with innovative design and eco-friendly practices. With a commitment to sustainability, Vasakronan has achieved notable milestones, including recognition for its green building initiatives. The company holds a significant market position, being one of Sweden's largest property owners, and is renowned for its high-quality portfolio that prioritises tenant satisfaction and environmental responsibility. Through its strategic approach, Vasakronan continues to shape the future of urban living and working in Sweden.
DitchCarbon Score
How does Vasakronan's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Vasakronan's score of 63 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vasakronan's reported carbon emissions
In 2024, Vasakronan reported total carbon emissions of approximately 33,379,000 kg CO2e. This figure includes Scope 1 emissions of about 506,000 kg CO2e, primarily from fugitive emissions, and Scope 2 emissions of approximately 1,717,000 kg CO2e, which encompasses purchased heat and electricity. The majority of their emissions, around 31,156,000 kg CO2e, fall under Scope 3, which includes categories such as business travel and waste generated in operations. Comparatively, in 2023, the total emissions were about 37,215,000 kg CO2e, with Scope 1 at 434,000 kg CO2e, Scope 2 at approximately 4,979,000 kg CO2e, and Scope 3 at 31,803,000 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. Vasakronan has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2016 as the base year. They also plan to reduce Scope 3 emissions by the same percentage within the same timeframe. Additionally, the company is committed to sourcing 100% renewable electricity annually through 2030. In 2023, they targeted a 10% reduction in total emissions per square metre across all scopes, excluding emissions from large projects exceeding SEK 75 million. These targets align with the Science Based Targets initiative (SBTi) and reflect Vasakronan's commitment to sustainable practices in the real estate sector.
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| 2006 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,335,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 26,376,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 606,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vasakronan is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
