Fabege

Fabege's reported carbon emissions

Fabege, a real estate services company headquartered in Sweden, reported approximately 18.37 million kg CO2e in total emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 37,000 kg CO2e, Scope 2 emissions (market-based) were around 1.8 million kg CO2e, and Scope 3 emissions accounted for approximately 16.54 million kg CO2e. For 2023, Fabege's total emissions were approximately 14.97 million kg CO2e. This included about 1.71 million kg CO2e for Scope 2 (market-based) and 13.26 million kg CO2e for Scope 3. Scope 1 emissions were negligible in 2023. In 2022, the company's total emissions were around 30.72 million kg CO2e, with Scope 1 at approximately 54,000 kg CO2e, Scope 2 at about 3.85 million kg CO2e, and Scope 3 at around 28.80 million kg CO2e. Fabege has set ambitious climate commitments. They aim for climate-neutral property management by 2030, with a near-term target to reduce Scope 1 and 2 emissions by at least 90%. Furthermore, Fabege has committed to reducing Scope 1 and 2 GHG emissions by 50% by 2030 from a 2018 baseline, a target aligned with a 1.5°C warming scenario, as validated by the Science Based Targets initiative (SBTi). They also aim to reduce emissions from new construction by 50% per square metre of gross floor area by 2030, compared to a 2018 baseline.