Lsth Svenska Handelsfastigheter, commonly referred to as Lsth, is a prominent player in the Swedish real estate sector, headquartered in Stockholm. Established in 2005, the company has carved a niche in the commercial property market, focusing primarily on retail and logistics properties across Sweden and the Nordic region. Lsth Svenska Handelsfastigheter is renowned for its strategic acquisitions and management of high-quality retail spaces, which are designed to meet the evolving needs of consumers and businesses alike. With a commitment to sustainability and innovation, the company has achieved significant milestones, positioning itself as a leader in the industry. Notable for its robust portfolio and strong market presence, Lsth continues to enhance its reputation through exceptional service and a keen understanding of market dynamics, making it a trusted partner in the commercial real estate landscape.
How does Lsth Svenska Handelsfastigheter'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.
Lsth Svenska Handelsfastigheter's score of 34 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LSTH Svenska Handelsfastigheter reported total carbon emissions of approximately 13.7 million tonnes CO2e, with emissions distributed across various scopes: 296,200 tonnes CO2e from Scope 1, 32,000 tonnes CO2e from Scope 2, and a significant 13.4 million tonnes CO2e from Scope 3. This data highlights the company's substantial carbon footprint, particularly in Scope 3 emissions, which often encompass indirect emissions from the value chain. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and reflects a commitment to align with the global goal of limiting temperature rise to 1.5°C. Additionally, LSTH Svenska Handelsfastigheter is focused on measuring and reducing its Scope 3 emissions, indicating a comprehensive approach to tackling its overall carbon impact. In previous years, the company reported Scope 1 emissions of 321,000 tonnes CO2e in 2021 and 129,000 tonnes CO2e in 2022, alongside Scope 2 emissions of 30,100 tonnes CO2e in 2022. The reduction in Scope 1 emissions from 2021 to 2022 suggests progress in their sustainability efforts, although the 2023 figures indicate a need for continued focus on emissions reduction strategies.
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Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 321,000 | 000,000 | 000,000 |
Scope 2 | - | 00,000 | 00,000 |
Scope 3 | - | - | 00,000,000 |
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.
Lsth Svenska Handelsfastigheter is committed to some reduction initiatives 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.