Bonava

Bonava's reported carbon emissions

Bonava, a real estate services company headquartered in Sweden, is actively engaged in reducing its carbon footprint. In 2024, the company reported a total of approximately 206 million kg CO2e. This figure comprises Scope 1 emissions of about 2.23 million kg CO2e, Scope 2 emissions of roughly 2.90 million kg CO2e, and significant Scope 3 emissions amounting to approximately 200 million kg CO2e. In 2023, Bonava's total emissions were approximately 662 million kg CO2e, with Scope 1 at about 3.57 million kg CO2e, Scope 2 at approximately 3.57 million kg CO2e, and Scope 3 at around 641 million kg CO2e. The year prior, 2022, saw total emissions of approximately 893.7 million kg CO2e, with Scope 1 at about 3.25 million kg CO2e, Scope 2 at approximately 5.05 million kg CO2e, and Scope 3 at roughly 877 million kg CO2e. Bonava has set ambitious climate commitments, including Science Based Targets initiative (SBTi) approved goals. These targets align with a 1.5°C warming scenario. By 2030, Bonava aims to reduce its absolute Scope 1 and 2 GHG emissions by 50% compared to a 2018 base year. Additionally, the company is committed to reducing its Scope 3 GHG emissions by 50% per production started living unit by the same year, also against a 2018 baseline. More recently, Bonava has committed to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2024 base year. Further targets include reducing upfront embodied Scope 3 GHG emissions of new buildings by 40.8% per square metre by 2030, and Scope 3 emissions from the use of sold products by 51.6% per square metre by 2030. Bonava also plans to install no new fossil fuel equipment owned or financially controlled by the company in its building portfolios from July 1, 2030.