Wallenstam Sustainability Profile
Wallenstam AB, commonly referred to as Wallenstam, is a prominent Swedish property development and management company headquartered in Gothenburg, Sweden. Established in 1944, Wallenstam has made significant strides in the real estate sector, focusing primarily on residential and commercial properties across key regions in Sweden, including Gothenburg and Stockholm. The company is renowned for its commitment to sustainability and innovative urban development, offering unique housing solutions and commercial spaces that prioritise environmental considerations. Wallenstam's portfolio includes a diverse range of properties, from modern residential complexes to dynamic office environments, setting it apart in a competitive market. With a strong market position, Wallenstam has achieved notable milestones, including recognition for its sustainable practices and contributions to urban renewal. The company continues to play a vital role in shaping Sweden's real estate landscape, driven by a vision of creating vibrant, sustainable communities.
DitchCarbon Score
How does Wallenstam'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.
Industry Average
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.
Industry Benchmark
Wallenstam's score of 38 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wallenstam's reported carbon emissions
In 2023, Wallenstam reported total greenhouse gas emissions of approximately 15,000,000 kg CO2e, comprising 444,000 kg CO2e from Scope 1, 3,888,000 kg CO2e from Scope 2, and about 11,560,000 kg CO2e from Scope 3 emissions. The previous year, 2022, saw total emissions of around 12,085,000 kg CO2e, with Scope 1 emissions at 1,264,000 kg CO2e and Scope 2 emissions at 3,829,000 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Wallenstam has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. The company also plans to measure and reduce its Scope 3 emissions, although specific targets for these emissions have not been detailed. The emissions data is sourced directly from Wallenstam AB (publ) and reflects their commitment to sustainability within the real estate sector in Sweden.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 132,000 | 00,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | 5,097,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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Wallenstam's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Wallenstam has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Wallenstam's sustainability data and climate commitments