Vasakronan AB, a leading player in the Swedish real estate sector, is headquartered in Stockholm, Sweden. Founded in 1993, the company has established a strong presence across major urban regions, including Gothenburg and Malmö. Specialising in property management and development, Vasakronan focuses on sustainable office and retail spaces, setting itself apart with innovative design and eco-friendly practices.
With a commitment to sustainability, Vasakronan has achieved notable milestones, including recognition for its green building initiatives. The company holds a significant market position, being one of Sweden's largest property owners, and is renowned for its high-quality portfolio that prioritises tenant satisfaction and environmental responsibility. Through its strategic approach, Vasakronan continues to shape the future of urban living and working in Sweden.
+19 vs industry average
Vasakronan’s score of 47 is higher than 69% 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 – 2029
Reported emissions
Scope 3 accounts for ••• of total emissions.
Vasakronan's reported carbon emissions
In 2023, Vasakronan reported total carbon emissions of approximately 37,215,000 kg CO2e, comprising 434,000 kg CO2e from Scope 1, 4,979,000 kg CO2e from Scope 2, and 31,803,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2016 as the base year. Additionally, Vasakronan is committed to sourcing 100% renewable electricity through 2030 and reducing Scope 3 emissions by 90% by the same year. For 2023, Vasakronan has also targeted a 10% reduction in total emissions per square metre across all scopes, excluding emissions from projects exceeding SEK 75 million. These initiatives align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices in the real estate sector.
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Vasakronan’s Climate Goals (2030 & 2050)
2 goals2030
90% reduction in all scopes
• 90% reduction of emissions in scope 1 and 2¹.
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.
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Scope 3 top emissions categories
6 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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Vasakronan
Frequently asked questions
Common questions about Vasakronan’s sustainability data and climate commitments
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