Fabege Sustainability Profile
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 53 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fabege's reported carbon emissions
In 2024, Fabege reported total greenhouse gas emissions of approximately 18,372,000 kg CO2e, with Scope 1 emissions at 37,000 kg CO2e, Scope 2 emissions at 1,798,000 kg CO2e (market-based), and Scope 3 emissions at 16,537,000 kg CO2e. The company has set ambitious targets to reduce its absolute Scope 1 and Scope 2 emissions by 50% by 2030, using 2018 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and aims to measure and reduce Scope 3 emissions as well. In 2023, Fabege's total emissions were approximately 14,970,000 kg CO2e, with Scope 2 emissions at 1,711,000 kg CO2e (market-based) and Scope 3 emissions at 13,258,000 kg CO2e. The company has achieved an 11% reduction in its absolute greenhouse gas emissions from 2018 levels, demonstrating progress towards its climate neutrality goal for property management, which includes reducing Scope 1 and 2 emissions by at least 90% by 2030. Fabege's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from its own disclosures. The company is committed to maintaining transparency in its climate commitments and emissions reporting, contributing to the broader real estate sector's efforts to combat climate change.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 22,000 | 00,000 | 00,000 | - | 00,000 |
| Scope 2 | 1,398,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,108,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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Fabege's Scope 3 Categories Breakdown
Fabege's Scope 3 emissions, which increased by 25% last year and increased by approximately 303% since 2020, 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 "Employee Commuting" being the largest emissions source at 1% of Scope 3 emissions.
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Fabege'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.
Fabege 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.
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Frequently Asked Questions
Common questions about Fabege's sustainability data and climate commitments