Wästbygg Gruppen AB (publ) Sustainability Profile
Wästbygg Gruppen AB (publ), commonly referred to as Wästbygg, is a prominent player in the construction and property development industry, headquartered in Sweden. Established in 1981, the company has built a strong reputation across major operational regions, including Sweden and Norway, focusing on residential, commercial, and public sector projects. Wästbygg is renowned for its innovative approach to construction, offering a range of services that encompass project development, construction management, and property management. Their commitment to sustainability and quality sets them apart in a competitive market. With a solid market position, Wästbygg has achieved significant milestones, including numerous awards for excellence in construction and design, solidifying its status as a leader in the Nordic construction landscape.
DitchCarbon Score
How does Wästbygg Gruppen AB (publ)'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
Wästbygg Gruppen AB (publ)'s score of 54 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wästbygg Gruppen AB (publ)'s reported carbon emissions
In 2024, Wästbygg Gruppen AB (publ) reported total carbon emissions of approximately 862,000 kg CO2e. This figure includes 252,000 kg CO2e from Scope 1 emissions, 235,000 kg CO2e from Scope 2 emissions, and 375,000 kg CO2e from Scope 3 emissions. Comparatively, in 2023, the company recorded total emissions of about 1,166,000 kg CO2e, with Scope 1 emissions at 347,000 kg CO2e, Scope 2 at 351,000 kg CO2e, and Scope 3 at 468,000 kg CO2e. This indicates a significant reduction in total emissions from 2023 to 2024. Looking back further, in 2022, Wästbygg's emissions were approximately 1,328,000 kg CO2e, comprising 463,000 kg CO2e from Scope 1, 347,000 kg CO2e from Scope 2, and 518,000 kg CO2e from Scope 3. The trend shows a consistent effort towards reducing emissions over the years. Despite these reductions, Wästbygg Gruppen AB (publ) has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. The company’s emissions data is self-reported and does not appear to be cascaded from a parent organisation, indicating that it operates independently in its climate reporting. Overall, Wästbygg Gruppen AB (publ) demonstrates a commitment to reducing its carbon footprint, as evidenced by the decreasing emissions figures, although further formal commitments could enhance its climate strategy.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 589,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 318,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,345,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
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Wästbygg Gruppen AB (publ)'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.
Wästbygg Gruppen AB (publ) has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
