Hemnet Group AB, commonly known as Hemnet, is a leading online property marketplace headquartered in Sweden (SE). Founded in 1998, Hemnet has established itself as a pivotal player in the real estate industry, primarily serving the Swedish market. The platform connects buyers and sellers, offering a comprehensive range of residential listings, including apartments and houses. With its user-friendly interface and advanced search functionalities, Hemnet stands out by providing detailed property information and high-quality images, enhancing the home-buying experience. The company has achieved significant milestones, including becoming the most visited property site in Sweden, reflecting its strong market position. Hemnet continues to innovate, ensuring it remains at the forefront of the digital real estate landscape.
How does Hemnet'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.
Hemnet's score of 33 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Hemnet reported total carbon emissions of approximately 432,000 kg CO2e. This figure includes 16,000 kg CO2e from Scope 2 emissions, which are associated with purchased heat, while Scope 3 emissions accounted for about 259,000 kg CO2e, primarily from business travel and employee commuting. Notably, Hemnet has not disclosed any Scope 1 emissions, which totalled 0 kg CO2e across the years reported. Comparing the emissions data, there was a significant increase from 348,000 kg CO2e in 2021 and 135,000 kg CO2e in 2020. The rise in emissions highlights the need for effective climate strategies, especially as the company continues to grow, with revenue increasing from approximately 58 million USD in 2020 to about 98 million USD in 2022. Despite the increase in emissions, Hemnet has not set specific reduction targets or made formal climate pledges, indicating a potential area for improvement in their sustainability commitments. As the company operates within the real estate sector, addressing carbon emissions is crucial for aligning with industry standards and expectations for climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 3,000 | 00,000 | - |
Scope 3 | 7,000 | 000,000 | 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.
Hemnet 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.