Balder
Balder, officially known as Fastighets AB Balder, is a prominent player in the real estate industry, headquartered in Sweden (SE). Founded in 2005, the company has rapidly expanded its operations across major regions in Sweden, Denmark, Norway, and Finland, establishing a strong presence in the Nordic property market. Specialising in residential and commercial properties, Balder is recognised for its commitment to quality and sustainability. The company’s portfolio includes a diverse range of properties, from modern apartments to office spaces, each designed to meet the evolving needs of tenants. Balder's innovative approach to property management and development has positioned it as a leader in the sector, earning accolades for its customer-centric services and sustainable practices. With a focus on long-term value creation, Balder continues to shape the future of real estate in the Nordic region.
DitchCarbon Score
How does Balder'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
Balder's score of 69 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Balder's reported carbon emissions
In 2023, Fastighets AB Balder reported total greenhouse gas emissions of approximately 241,378,000 kg CO2e. This figure includes 1,375,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 47,671,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, heat, and cooling. The company also disclosed Scope 3 emissions amounting to 182,361,000 kg CO2e, which cover all other indirect emissions in its value chain. Balder has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across all scopes by 2045. In the near term, the company targets a 50% reduction in absolute Scope 1 and 2 emissions by 2030, using 2022 as the baseline year. Additionally, it aims to reduce Scope 3 emissions by 55% per square metre of lettable area within the same timeframe. Long-term, Balder is committed to a 90% reduction in total emissions (Scopes 1, 2, and 3) by 2045, which includes biogenic land-related emissions and removals from bioenergy feedstocks. These targets align with the Science Based Targets initiative (SBTi) and reflect Balder's commitment to addressing climate change and reducing its carbon footprint in the real estate sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 221,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,937,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Balder is committed to some reduction initiatives 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.
