Fabege
Fabege AB, a prominent player in the Swedish real estate sector, is headquartered in Stockholm, Sweden. Founded in 2002, the company has established itself as a leader in the development, management, and leasing of commercial properties, primarily focusing on office spaces in key urban areas. Fabege's commitment to sustainability and innovative design sets it apart, as it integrates eco-friendly practices into its core operations. With a strong presence in the Stockholm region, Fabege has achieved significant milestones, including the development of several landmark properties that enhance urban living. The company is recognised for its strategic approach to property management, ensuring high occupancy rates and tenant satisfaction. Fabege's dedication to creating vibrant, sustainable environments positions it as a market leader in the Swedish real estate industry.
DitchCarbon Score
How does Fabege'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
Fabege's score of 45 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fabege's reported carbon emissions
In 2023, Fabege AB reported total carbon emissions of approximately 14,970,000 kg CO2e. This figure includes 1,711,000 kg CO2e from Scope 2 emissions, specifically from purchased heat, while Scope 1 emissions were recorded at 0 kg CO2e. The majority of emissions, about 13,258,000 kg CO2e, were classified under Scope 3, which encompasses indirect emissions from sources such as business travel and waste generated in operations. Fabege has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the 1.5°C climate goal. Additionally, Fabege is focused on measuring and reducing its Scope 3 emissions, which are critical for comprehensive climate action. In comparison, the previous year's emissions in 2022 were significantly higher, totalling approximately 30,716,000 kg CO2e, indicating a potential shift towards improved sustainability practices. The company continues to monitor and report its emissions transparently, contributing to the broader real estate sector's efforts to combat climate change.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 22,000 | 00,000 | 00,000 | - |
| Scope 2 | 1,398,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,108,000 | 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.
Fabege 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.
