Wallenstam
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 41 is higher than 94% 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 carbon emissions of approximately 4,888,000 kg CO2e, comprising 444,000 kg CO2e from Scope 1, 3,888,000 kg CO2e from Scope 2, and 10,923,000 kg CO2e from Scope 3 emissions. This reflects a significant commitment to reducing greenhouse gas emissions, particularly in Scope 1 and Scope 2, where the company aims to achieve a 50% reduction by 2030 from a 2018 baseline. Wallenstam's emissions data over the years shows a trend of increasing Scope 3 emissions, which reached about 17,033,000 kg CO2e in 2022, indicating a need for enhanced focus on upstream and downstream activities. The company has set these targets through the Science Based Targets initiative (SBTi), ensuring alignment with the global goal of limiting temperature rise to 1.5°C. Overall, Wallenstam's climate commitments reflect a proactive approach to sustainability within the real estate sector, with a clear strategy to measure and mitigate its carbon footprint across all scopes of emissions.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 159,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | - | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 700,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Wallenstam is participating in some of the initiatives that 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.
