Hufvudstaden AB, a prominent player in the Swedish real estate sector, is headquartered in Stockholm, Sweden. Established in 1906, the company has built a strong reputation for its focus on premium commercial properties, particularly in the central business districts of Stockholm and Gothenburg. Specialising in the development, management, and leasing of office and retail spaces, Hufvudstaden is known for its commitment to quality and sustainability. The company’s portfolio includes iconic properties that blend historical significance with modern functionality, setting it apart in a competitive market. With a strategic emphasis on long-term value creation, Hufvudstaden has achieved notable milestones, including a robust market position and recognition for its innovative approach to urban development.
How does Hufvudstaden'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.
Hufvudstaden's score of 29 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 2021, Hufvudstaden reported total greenhouse gas emissions of approximately 1,900,000 kg CO2e, comprising 19,000 kg CO2e from Scope 1 and about 770,000 kg CO2e from Scope 2 emissions. The Scope 1 emissions included 2,000 kg CO2e from mobile combustion and 17,000 kg CO2e from fugitive emissions. The Scope 2 emissions were primarily from purchased heat, with no reported emissions from purchased electricity or cooling. Hufvudstaden has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using 2019 as the base year. This target has been approved through the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company also plans to measure and address its Scope 3 emissions, although specific data on these emissions has not been disclosed. In 2020, Hufvudstaden's emissions were significantly higher, with Scope 1 emissions at 329,000 kg CO2e and Scope 2 emissions at approximately 630,000 kg CO2e. This indicates a proactive approach towards reducing emissions over the years, reflecting their commitment to sustainability in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | |
---|---|---|
Scope 1 | 329,000 | 00,000 |
Scope 2 | 630,000 | 000,000 |
Scope 3 | - | 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.
Hufvudstaden 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.