Heimstaden Sustainability Profile
Heimstaden, a prominent player in the European real estate sector, is headquartered in Sweden (SE) and operates extensively across several key regions, including Denmark, Norway, and Germany. Founded in 1998, the company has established itself as a leader in residential property management, focusing on sustainable living solutions and community development. Heimstaden's core offerings include high-quality rental apartments and innovative housing solutions that prioritise tenant satisfaction and environmental sustainability. The company is recognised for its commitment to creating vibrant communities, which sets it apart in a competitive market. With a strong portfolio and a focus on growth, Heimstaden continues to achieve notable milestones, reinforcing its position as a trusted name in the property industry.
DitchCarbon Score
How does Heimstaden'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
Heimstaden's score of 70 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Heimstaden's reported carbon emissions
In 2024, Heimstaden reported total carbon emissions of approximately 153,644,000 kg CO2e, comprising 20,485,000 kg CO2e from Scope 1, 133,159,000 kg CO2e from Scope 2 (market-based), and 120,415,000 kg CO2e from Scope 3 emissions. This represents a slight decrease from 2023, where total emissions were about 159,794,000 kg CO2e, with Scope 1 emissions at 23,894,000 kg CO2e, Scope 2 at 135,900,000 kg CO2e (market-based), and a significantly higher Scope 3 total of 576,342,000 kg CO2e. Heimstaden has set ambitious climate commitments, aiming for net-zero emissions by 2050, in alignment with the Paris Agreement's goal of limiting global warming to 1.5°C. Additionally, the company has established a near-term target to reduce absolute Scope 1 and 2 emissions by at least 46% by 2030, using 2019 as the baseline year. Furthermore, Heimstaden Bostad AB has committed to a 42% reduction in absolute Scope 1, 2, and 3 emissions by 2030 from a 2020 base year, with a goal that 27% of its suppliers by spend will have science-based targets by 2027. The emissions data for Heimstaden is cascaded from its parent company, Heimstaden AB (publ), which provides a comprehensive overview of the organisation's climate impact and commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 673,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 24,055,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 238,747,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Heimstaden's Scope 3 Categories Breakdown
Heimstaden's Scope 3 emissions, which decreased by 79% last year and decreased by approximately 50% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% of total emissions under the GHG Protocol, with "Downstream Leased Assets" representing nearly all of their reported Scope 3 footprint.
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Heimstaden'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.
Heimstaden has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Heimstaden's sustainability data and climate commitments