Genesta
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.
DitchCarbon Score
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.
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
Genesta's score of 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Genesta's reported carbon emissions
In 2023, Genesta reported total carbon emissions of approximately 21,745,000 kg CO2e, comprising 10,000 kg CO2e from Scope 1, 342,000 kg CO2e from Scope 2 (market-based), and 21,393,000 kg CO2e from Scope 3 emissions, which include significant contributions from capital goods and purchased goods and services. Over the years, Genesta has demonstrated a commitment to reducing its carbon footprint. Notably, the company has set a long-term target to achieve net-zero emissions by 2050, encompassing all scopes of emissions. This commitment aligns with the Science Based Targets initiative (SBTi), which Genesta joined in 2023, indicating its dedication to climate action within the real estate sector. In previous years, Genesta's Scope 2 emissions were as follows: 3,642,000 kg CO2e in 2018, 2,993,000 kg CO2e in 2019, and 1,960,000 kg CO2e in 2020, showcasing a significant reduction trend. By 2021, Scope 2 emissions further decreased to 101,000 kg CO2e (market-based), reflecting the company's ongoing efforts to enhance energy efficiency and sustainability practices. Genesta's headquarters is located in Sweden, and the company continues to prioritise environmental responsibility as part of its operational strategy.
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| 2018 | 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 00,000 |
| Scope 2 | 3,642,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | 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.
Genesta is not committed to any reduction initiatives 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.
