Fabege

Fabege's reported carbon emissions

Fabege, a real estate services company based in Sweden, reported approximately 18.4 billion kg CO2e in total emissions for 2024. This figure encompasses Scope 1, 2, and 3 emissions. The breakdown for 2024 includes roughly 37,000 kg CO2e for Scope 1, approximately 1.8 million kg CO2e for Scope 2 (market-based), and about 16.5 million kg CO2e for Scope 3. In 2023, Fabege's total emissions were approximately 15 billion kg CO2e, with Scope 1 emissions at 0 kg CO2e, Scope 2 emissions around 1.7 million kg CO2e (market-based), and Scope 3 emissions totalling roughly 13.3 million kg CO2e. The company has set ambitious climate commitments. Fabege has a near-term target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2018 as a base year. This aligns with a 1.5°C pathway, as recognised by the Science Based Targets initiative (SBTi). Fabege also aims for carbon-neutral property management by 2030, with a stated reduction of 50% in Scope 1 and 2 emissions by that year. Furthermore, the company is committed to reducing emissions from new construction, targeting a 50% reduction in the carbon footprint per square metre of gross floor area by 2030, also from a 2018 baseline. Fabege also pledges to measure and reduce its Scope 3 emissions.