Hufvudstaden AB, a prominent player in the real estate services sector, is headquartered in Stockholm, Sweden. Founded in 1915, the company has established itself as a leader in the management and development of commercial properties, particularly in prime locations across Stockholm and Gothenburg.
Specialising in office and retail spaces, Hufvudstaden is renowned for its commitment to quality and sustainability, offering unique properties that cater to a diverse range of tenants. The company’s strategic focus on high-value assets has positioned it favourably within the competitive real estate market, contributing to its reputation for excellence.
With a rich history and a portfolio that includes iconic buildings, Hufvudstaden continues to achieve notable milestones, reinforcing its status as a key player in Sweden's real estate landscape.
+28 vs industry average
Hufvudstaden’s score of 56 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hufvudstaden's reported carbon emissions
Hufvudstaden's most recent disclosed carbon emissions data is for 2025, with a total of approximately 8.49 million kg CO2e. This comprises Scope 1 emissions of about 10,000 kg CO2e, Scope 2 emissions (market-based) of approximately 661,000 kg CO2e, and Scope 3 emissions totalling about 7.82 million kg CO2e. For 2024, the total emissions were approximately 9.33 million kg CO2e, with Scope 1 at about 291,000 kg CO2e, Scope 2 (market-based) at around 885,000 kg CO2e, and Scope 3 at approximately 8.15 million kg CO2e.
Hufvudstaden has set ambitious climate targets. It aims to reduce its Scope 1 and Scope 2 emissions to near-zero by 2025. Furthermore, Hufvudstaden has committed to the Science Based Targets initiative (SBTi), pledging to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 46% by 2030 from a 2019 baseline year. The company also commits to measuring and reducing its Scope 3 emissions. In its property management, Hufvudstaden is working towards climate neutrality. A 10% reduction in CO2e emissions was noted for the period between 2023 and 2025 in relation to this goal.
The company's Scope 3 emissions in 2025 were primarily driven by downstream leased assets (approximately 9.36 million kg CO2e) and purchased goods and services (around 5.14 million kg CO2e). In 2024, downstream leased assets contributed approximately 10.29 million kg CO2e, and purchased goods and services accounted for about 4.71 million kg CO2e. For 2023, Scope 3 emissions were approximately 4.62 million kg CO2e, with Scope 1 at about 106,000 kg CO2e and Scope 2 at around 853,000 kg CO2e. In 2022, total emissions were approximately 4.56 million kg CO2e, with Scope 1 at about 78,000 kg CO2e and Scope 2 at approximately 820,000 kg CO2e. Scope 3 emissions in 2021 were approximately 3.09 million kg CO2e, and Scope 1 and 2 combined were around 790,000 kg CO2e.
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Hufvudstaden’s Climate Goals (2030 & 2050)
4 goals2025
Management of our properties is to be climate-neutral
Management of our properties is to be climate-neutral. CO2e emissions have decreased by 10 per cent.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 4 climate goals
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hufvudstaden
Frequently asked questions
Common questions about Hufvudstaden’s sustainability data and climate commitments
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