Lsth Svenska Handelsfastigheter

Lsth Svenska Handelsfastigheter, a real estate services company based in Sweden, reported Scope 2 emissions of approximately 26,284,000 kg CO2e in 2024.

In 2023, the company's total emissions were approximately 100,750,000 kg CO2e, comprising Scope 1 emissions of about 1,324,000 kg CO2e, Scope 2 emissions of approximately 13,188,000 kg CO2e, and Scope 3 emissions of about 86,386,000 kg CO2e. This represented an increase from 2022, when total emissions were approximately 68,847,000 kg CO2e, with Scope 1 emissions at approximately 3,384,000 kg CO2e, Scope 2 at about 12,261,000 kg CO2e, and Scope 3 at around 53,202,000 kg CO2e.

Lsth Svenska Handelsfastigheter has set near-term science-based targets. The company commits to reducing Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using a 2020 base year. Additionally, they aim to measure and reduce their Scope 3 emissions. More recently, LSTH Svenska Handelsfastigheter AB committed to an intensity target to reduce Scope 1, 2, and 3 in-use operational GHG emissions of owned and leased buildings, covering Downstream leased assets, by 63.0% per square metre by 2035 from a 2024 base year. They also committed to reduce Scope 3 GHG emissions from purchased goods and services, capital goods, fuel- and energy-related activities, waste generated in operations, business travel, and employee commuting by 66.3% per square metre within the same timeframe. The company also commits to installing no new fossil fuel equipment that is owned or financially controlled in its building portfolios from 17th March 2026. These targets are consistent with reductions required to keep warming to 1.5°C and were approved using a streamlined validation route for Small and Medium-sized Enterprises (SMEs) by the Science Based Targets initiative (SBTi).