Corem Property Group Ab Publ Sustainability Profile
Corem Property Group AB Publ, headquartered in Sweden, is a prominent player in the real estate industry, specialising in property management and investment. Founded in 1999, the company has established a strong presence in key operational regions across Sweden, focusing on logistics and commercial properties. Corem's unique approach combines strategic asset management with a commitment to sustainability, setting it apart in a competitive market. The company has achieved significant milestones, including a robust portfolio that underscores its market position as a leader in the sector. With a dedication to delivering high-quality services and innovative solutions, Corem Property Group continues to shape the landscape of commercial real estate in Sweden and beyond.
DitchCarbon Score
How does Corem Property Group 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
Corem Property Group Ab Publ's score of 96 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Corem Property Group Ab Publ's reported carbon emissions
In 2024, Corem Property Group AB Publ reported total carbon emissions of approximately 55,339,000 kg CO2e. This includes Scope 1 emissions of about 171,000 kg CO2e, primarily from mobile combustion (76,000 kg CO2e) and fugitive emissions (94,000 kg CO2e). Scope 2 emissions accounted for approximately 7,593,000 kg CO2e, while Scope 3 emissions were significantly higher at about 44,626,000 kg CO2e, with major contributions from capital goods (19,037,000 kg CO2e) and downstream leased assets (25,619,000 kg CO2e). In 2023, the company reported total emissions of approximately 67,276,000 kg CO2e, with Scope 1 emissions at about 473,000 kg CO2e and Scope 2 emissions at approximately 4,081,000 kg CO2e. Scope 3 emissions for that year were around 34,211,000 kg CO2e. Corem has set ambitious climate commitments, aiming to reduce its total emissions (Scopes 1, 2, and 3) by 95% by 2035, using 2021 as the base year. Specific targets include a 42% reduction in Scope 1 emissions by 2030 and a similar 42% reduction in Scope 2 emissions by the same year. The company is also committed to achieving net-zero emissions by 2035. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to sustainable practices within the real estate sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,005,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 13,045,000 | 0,000,000 | 0,000,000 | - | - | 0,000,000 |
| Scope 3 | - | - | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
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Corem Property Group Ab Publ's Scope 3 Categories Breakdown
Corem Property Group Ab Publ's Scope 3 emissions, which decreased by 19% last year and increased by approximately 90% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 35% of Scope 3 emissions.
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Corem Property Group 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.
Corem Property Group Ab Publ has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Corem Property Group Ab Publ's sustainability data and climate commitments