Genesta, officially known as Genesta AB, is a prominent player in the real estate investment sector, headquartered in Sweden (SE). Founded in 2009, the company has established a strong presence across the Nordic region and other key European markets, focusing on commercial property investments and asset management. Specialising in value-add strategies, Genesta distinguishes itself through its deep market knowledge and commitment to sustainable practices. The firm’s core services include property acquisition, development, and management, ensuring a comprehensive approach to maximising asset value. With a reputation for excellence, Genesta has achieved significant milestones, including successful partnerships and a robust portfolio of high-quality properties. Its strategic positioning in the market underscores its role as a trusted advisor and investor in the evolving landscape of real estate.
How does Genesta'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.
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.
Genesta's score of 39 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Genesta reported significant carbon emissions, totalling approximately 13,710,000 kg CO2e from Scope 2 and about 21,245,000 kg CO2e from Scope 3 emissions, specifically from capital goods and purchased goods and services. The company has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 3 emissions from purchased goods and services by 2045, and a 42% reduction by 2030. Additionally, Genesta targets an 85.7% reduction in Scope 1 and 2 emissions by 2045, with a near-term goal of 54.4% by 2030. Genesta's long-term strategy includes a commitment to achieve net-zero greenhouse gas emissions across its value chain by 2045. The company has also pledged to eliminate the installation of new fossil fuel equipment in its portfolio from January 1, 2030. These targets align with the Science Based Targets initiative (SBTi) and reflect Genesta's dedication to sustainable practices within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | - | - |
Scope 2 | 3,642,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | 00,000,000 |
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.
Genesta 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.