Heimstaden

Heimstaden, a real estate services company headquartered in SE, has set ambitious climate targets and reported its carbon emissions across Scopes 1, 2, and 3. The company aims for net-zero emissions by 2050, aligning with the Paris Agreement's goal to limit global warming to 1.5°C.

Recent Emissions Data:

• 2025: Heimstaden reported total emissions of approximately 314,846,000 kg CO2e. This breakdown includes:
  • Scope 1: Approximately 23,639,000 kg CO2e.
  • Scope 2 (market-based): Approximately 144,333,000 kg CO2e.
  • Scope 3: Approximately 146,874,000 kg CO2e, with downstream leased assets accounting for a significant portion at approximately 103,166,000 kg CO2e.
• 2024: Total emissions were approximately 280,575,000 kg CO2e, comprising:
  • Scope 1: Approximately 20,485,000 kg CO2e.
  • Scope 2 (market-based): Approximately 133,014,000 kg CO2e.
  • Scope 3: Approximately 120,415,000 kg CO2e, primarily from downstream leased assets.
• 2023: Total emissions were approximately 159,794,000 kg CO2e.
  • Scope 1: Approximately 23,894,000 kg CO2e.
  • Scope 2 (market-based): Approximately 135,900,000 kg CO2e.
  • Scope 3: Approximately 576,342,000 kg CO2e, with purchased goods and services and downstream leased assets being the largest contributors.
• 2022: Total emissions were approximately 671,495,000 kg CO2e (Scope 1: ~23,087,000 kg CO2e, Scope 2 market-based: ~170,012,000 kg CO2e, Scope 3: ~489,408,000 kg CO2e).
• 2021: Total emissions were approximately 465,106,000 kg CO2e (Scope 1: ~12,022,000 kg CO2e, Scope 2 market-based: ~195,935,000 kg CO2e, Scope 3: ~343,084,000 kg CO2e).
• 2020: Total emissions were approximately 419,728,000 kg CO2e (Scope 1: ~1,660,000 kg CO2e, Scope 2 market-based: ~175,258,000 kg CO2e, Scope 3: ~242,828,000 kg CO2e).
• 2019: Total emissions were approximately 245,480,000 kg CO2e (Scope 1: ~673,000 kg CO2e, Scope 2 market-based: ~24,055,000 kg CO2e, Scope 3: ~238,747,000 kg CO2e).

Climate Commitments and Reduction Targets:

Heimstaden has committed to significant emissions reductions. Key targets include:

• Net-Zero by 2050: The company has a long-term goal to achieve net-zero emissions by 2050, which is aligned with the Paris Agreement's 1.5°C pathway.
• 42% Absolute Reduction by 2030: Heimstaden Bostad AB is committed to reducing absolute Scope 1, Scope 2, and Scope 3 (category 13: downstream leased assets) GHG emissions by 42% by 2030, using 2020 as the base year. This target is validated by the Science Based Targets initiative (SBTi).
• 46% Absolute Reduction by 2030: An additional target focuses on reducing Scope 1 and 2 emissions by at least 46% by 2030, with 2019 as the base year.
• Supplier Engagement: Heimstaden Bostad AB also aims for 27% of its suppliers, by spend in purchased goods and services, to have science-based targets by 2027.

In 2023, Heimstaden reported achieving a -10% reduction in Scope 1, 2, and 3 (Category 13) emissions, demonstrating progress towards its Science-Based Climate Target.

Heimstaden's climate data and targets are cascaded from its parent company, Heimstaden AB (publ).