Fabege
Fabege AB, a prominent player in the Swedish real estate sector, is headquartered in Stockholm, Sweden. Founded in 2002, the company has established itself as a leader in the development, management, and leasing of commercial properties, primarily focusing on office spaces in key urban areas. Fabege's commitment to sustainability and innovative design sets it apart, as it integrates eco-friendly practices into its core operations. With a strong presence in the Stockholm region, Fabege has achieved significant milestones, including the development of several landmark properties that enhance urban living. The company is recognised for its strategic approach to property management, ensuring high occupancy rates and tenant satisfaction. Fabege's dedication to creating vibrant, sustainable environments positions it as a market leader in the Swedish real estate industry.
DitchCarbon Score
How does Fabege'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
Fabege's score of 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fabege's reported carbon emissions
In 2023, Fabege reported total carbon emissions of approximately 14,970,000 kg CO2e, with Scope 1 emissions at 0 kg CO2e, Scope 2 emissions at about 1,711,000 kg CO2e, and Scope 3 emissions reaching approximately 13,258,000 kg CO2e. This reflects a significant commitment to reducing greenhouse gas emissions, particularly in Scope 1 and Scope 2, where the company aims to achieve a 50% reduction by 2030 from a 2018 baseline. Fabege's emissions data shows a progressive increase in total emissions over the years, with 2022 emissions at approximately 30,716,000 kg CO2e and 2021 at about 28,607,000 kg CO2e. The company has set ambitious targets approved by the Science Based Targets initiative (SBTi), focusing on both Scope 1 and Scope 2 emissions, while also committing to measure and reduce Scope 3 emissions. Fabege's climate strategy aligns with industry standards, aiming to limit global warming to 1.5°C. The company is actively working towards these targets, demonstrating its commitment to sustainability and responsible real estate management in Sweden.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 22,000 | 00,000 | 00,000 | - |
| Scope 2 | 1,416,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,108,000 | 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.
Fabege 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.
