Fabege

Fabege, a real estate services company headquartered in Sweden, reported total gross emissions of approximately 18,372,000 kg CO2e in 2024. This included about 37,000 kg CO2e from Scope 1 and approximately 1,798,000 kg CO2e from Scope 2 (market-based). Scope 3 emissions in 2024 were around 16,537,000 kg CO2e, with business travel accounting for approximately 68,000 kg CO2e, employee commute for about 98,000 kg CO2e, and waste generated in operations for approximately 34,000 kg CO2e.

Looking back, Fabege's total gross emissions in 2023 were about 14,970,000 kg CO2e, with Scope 2 (market-based) emissions at approximately 1,711,000 kg CO2e and Scope 3 at around 13,258,000 kg CO2e. In 2022, total gross emissions were approximately 30,716,000 kg CO2e, comprising about 54,000 kg CO2e from Scope 1, approximately 1,866,000 kg CO2e from Scope 2 (market-based), and around 28,796,000 kg CO2e from Scope 3.

Fabege is committed to significant climate action, with Science Based Targets initiative (SBTi) approved near-term targets. The company aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2018 base year, a target classified as consistent with a 1.5°C warming scenario. Fabege has also committed to measuring and reducing its Scope 3 emissions. Additionally, Fabege has set a goal for climate-neutral property management by 2030, which entails reducing Scope 1 and 2 emissions by at least 90%. For Scope 3, there's a target to achieve a 50% reduction in emissions from new construction (per square metre of GFA) by 2030, compared to a 2018 base year.