Kungsleden AB

Kungsleden AB, a real estate services company headquartered in Sweden, reported its 2020 carbon emissions. Its Scope 1 emissions were approximately 22,000 kg CO2e, while Scope 2 emissions (market-based) were around 9,456,000 kg CO2e and Scope 2 (location-based) were approximately 15,513,000 kg CO2e. Scope 3 emissions for the same year totalled about 7,798,000 kg CO2e. In 2019, Kungsleden AB's Scope 1 emissions were 79,000 kg CO2e and Scope 2 emissions were 12,834,000 kg CO2e. In 2018, Scope 1 emissions were 54,000 kg CO2e and Scope 2 emissions were 15,226,000 kg CO2e. The company's 2017 emissions included 97,000 kg CO2e for Scope 1 and 13,668,000 kg CO2e for Scope 2, resulting in a total of 13,765,000 kg CO2e for these scopes.

Kungsleden AB has several climate commitments. It aims to reduce its absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030 from a 2018 base year, and to measure and reduce its Scope 3 emissions. This near-term target has been approved by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C, using a streamlined validation route for Small and Medium-sized Enterprises (SMEs).

Historically, Kungsleden AB also had a long-term goal to reduce energy consumption by 20% between 2014 and 2020, equating to a 3% annual reduction, covering both Scope 1 and Scope 2 emissions. The company anticipated achieving this 20% reduction target by 2020. Additionally, Kungsleden AB has been part of the Swedish government's "Fossilfritt Sverige" initiative since 2015, which targets a 20% reduction in carbon dioxide emissions from 2018 to 2023 for both Scope 1 and Scope 2.