Fabege

Fabege, a real estate services company headquartered in Sweden, reported total emissions of approximately 18,372,000 kg CO2e in 2024. This figure includes Scope 1 emissions of 37,000 kg CO2e, Scope 2 market-based emissions of 1,798,000 kg CO2e, and Scope 3 emissions of 16,537,000 kg CO2e. This represents an increase from their 2023 total emissions of approximately 14,970,000 kg CO2e.

Fabege has set ambitious climate commitments, with Science Based Targets initiative (SBTi) approved near-term targets. They commit to reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using a 2018 base year. Additionally, they aim to achieve climate-neutral property management by 2030, which involves reducing Scope 1 and 2 emissions by at least 90%. For Scope 3, Fabege is committed to measuring and reducing these emissions, with a specific target of a 50% reduction in emissions from new construction per square metre of Gross Floor Area (GFA) by 2030, also from a 2018 base year.