Lsth Svenska Handelsfastigheter

Lsth Svenska Handelsfastigheter's reported carbon emissions

LSTH Svenska Handelsfastigheter AB, based in Sweden and operating in the real estate services sector (70), has established significant climate commitments with a focus on reducing greenhouse gas (GHG) emissions. **Carbon Emissions Data:** For the reporting year 2023, LSTH Svenska Handelsfastigheter AB reported total emissions of approximately 100.9 million kg CO2e. This includes: * **Scope 1:** Approximately 1.3 million kg CO2e * **Scope 2:** Approximately 13.2 million kg CO2e * **Scope 3:** Approximately 86.4 million kg CO2e In 2024, the company reported Scope 2 emissions of approximately 26.3 million kg CO2e. Historical data shows: * **2022:** Total emissions were approximately 68.8 million kg CO2e, comprising Scope 1 (approximately 3.4 million kg CO2e), Scope 2 (approximately 12.3 million kg CO2e), and Scope 3 (approximately 53.2 million kg CO2e). * **2021:** Scope 1 emissions were approximately 3.2 million kg CO2e, and Scope 2 emissions were approximately 12.9 million kg CO2e. Scope 3 data was not disclosed for this year. * **2020:** Scope 2 emissions were approximately 13.7 million kg CO2e. Scope 1 and Scope 3 data were not fully disclosed for this year. **Climate Commitments and Reduction Targets:** LSTH Svenska Handelsfastigheter AB has set ambitious targets aligned with the Science Based Targets initiative (SBTi) for a 1.5°C warming scenario. Key commitments include: * **Scope 1 and 2 Emissions:** A commitment to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030, using 2020 as the base year. This target was approved for small and medium-sized enterprises (SMEs). * **Scope 3 Emissions:** A commitment to measure and reduce its Scope 3 emissions. * **In-Use Operational Emissions:** An intensity-based target to reduce scopes 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. * **Purchased Goods and Services, Capital Goods, etc.:** An intensity-based target to reduce Scope 3 GHG emissions from categories including 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 (by 2035 from a 2024 base year). * **Fossil Fuel Equipment:** A commitment to install no new fossil fuel equipment owned or financially controlled by the company in its building portfolios from March 17, 2026. The company's targets include land-related emissions and removals from biogenic feedstocks.