Hufvudstaden
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.
DitchCarbon Score
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.
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
Hufvudstaden's score of 38 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hufvudstaden's reported carbon emissions
In 2024, Hufvudstaden reported total carbon emissions of approximately 6,293,000 kg CO2e, with emissions distributed across various scopes: 291,000 kg CO2e (Scope 1), 885,000 kg CO2e (Scope 2), and 5,118,000 kg CO2e (Scope 3). The previous year, 2023, saw total emissions of about 5,577,000 kg CO2e, indicating a significant increase in emissions year-on-year. Hufvudstaden has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company has committed to a 46% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2019 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. The breakdown of emissions for 2024 includes 290,000 kg CO2e from fugitive emissions within Scope 1, and 726,000 kg CO2e from purchased heat within Scope 2. Scope 3 emissions primarily stem from fuel and energy-related activities (530,000 kg CO2e) and waste generated in operations (110,000 kg CO2e). Hufvudstaden's commitment to sustainability is further underscored by its focus on measuring and reducing Scope 3 emissions, which constitute the majority of its carbon footprint. The company is actively working towards these targets, reflecting a strong commitment to environmental responsibility within the real estate sector in Sweden.
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| 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 329,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 630,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 000,000 | 0,000,000 | 0,000,000 |
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.
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.
