Akelius Residential Property AB (publ) Sustainability Profile
Akelius Residential Property AB (publ), commonly referred to as Akelius, is a prominent player in the residential real estate sector, headquartered in Sweden. Founded in 1994, the company has established a strong presence in major operational regions across Europe and North America, focusing on the acquisition, development, and management of residential properties. Specialising in high-quality rental apartments, Akelius distinguishes itself through its commitment to modernising properties and enhancing tenant experiences. The company has achieved significant milestones, including a robust portfolio of properties that cater to diverse demographics. With a reputation for innovation and sustainability, Akelius continues to solidify its market position as a leader in the residential property industry, consistently delivering value to its stakeholders.
DitchCarbon Score
How does Akelius Residential Property AB (publ)'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
Akelius Residential Property AB (publ)'s score of 41 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Akelius Residential Property AB (publ)'s reported carbon emissions
In 2023, Akelius Residential Property AB (publ) reported total carbon emissions of approximately 146.96 million kg CO2e. This figure includes Scope 1 emissions of about 29.99 million kg CO2e, Scope 2 emissions of approximately 5.00 million kg CO2e, and Scope 3 emissions totalling around 115.28 million kg CO2e. The previous year, 2022, saw total emissions of about 186.21 million kg CO2e, with Scope 1 at approximately 31.20 million kg CO2e, Scope 2 at about 6.04 million kg CO2e, and Scope 3 at around 152.23 million kg CO2e. Akelius has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The company is classified as a current subsidiary of Akelius Residential Property AB (publ), which means its emissions data is cascaded from the parent organization. The emissions data indicates a significant reduction in total emissions from 2022 to 2023, reflecting a proactive approach to managing carbon footprints. However, the absence of formal reduction targets suggests that while emissions have decreased, there may be opportunities for further commitment to sustainability practices in the future.
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| 2018 | 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 37,018,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 45,471,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Akelius Residential Property AB (publ)'s Industry?
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Akelius Residential Property AB (publ)'s Scope 3 Categories Breakdown
Akelius Residential Property AB (publ)'s Scope 3 emissions, which decreased by 24% last year and decreased by approximately 24% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 77% of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 44% of Scope 3 emissions.
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Akelius Residential Property AB (publ)'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Akelius Residential Property AB (publ) has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
