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 45 is higher than 96% 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 2023, Fabege reported total carbon emissions of approximately 14,970,000 kg CO2e. This figure includes 1,711,000 kg CO2e from Scope 2 emissions, while Scope 1 emissions were negligible at 0 kg CO2e. The majority of their emissions, about 13,258,000 kg CO2e, fell under Scope 3, which encompasses indirect emissions from their value chain. Fabege has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. The company also plans to measure and reduce its Scope 3 emissions, reflecting a comprehensive approach to tackling its overall carbon footprint. In previous years, Fabege's emissions were significantly higher, with total emissions of approximately 30,716,000 kg CO2e in 2022 and 28,607,000 kg CO2e in 2021. The reduction in emissions from 2022 to 2023 indicates a positive trend towards achieving their climate goals. Fabege's commitment to sustainability and emissions reduction positions it as a responsible player in the real estate sector, headquartered 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 participating in some of the initiatives that 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.
