Hufvudstaden Sustainability Profile
Hufvudstaden AB, a prominent player in the Swedish real estate sector, is headquartered in Stockholm, Sweden. Established in 1906, the company has built a strong reputation for its focus on premium commercial properties, particularly in the central business districts of Stockholm and Gothenburg. Specialising in the development, management, and leasing of office and retail spaces, Hufvudstaden is known for its commitment to quality and sustainability. The company’s portfolio includes iconic properties that blend historical significance with modern functionality, setting it apart in a competitive market. With a strategic emphasis on long-term value creation, Hufvudstaden has achieved notable milestones, including a robust market position and recognition for its innovative approach to urban development.
DitchCarbon Score
How does Hufvudstaden'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
Hufvudstaden's score of 38 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hufvudstaden's reported carbon emissions
In 2024, Hufvudstaden reported total carbon emissions of approximately 6,293,000 kg CO2e, comprising 291,000 kg CO2e from Scope 1, 885,000 kg CO2e from Scope 2, and about 5,118,000 kg CO2e from Scope 3 emissions. This marks an increase from 2023, when total emissions were about 5,577,000 kg CO2e, with Scope 1 at 106,000 kg CO2e, Scope 2 at 853,000 kg CO2e, and Scope 3 at approximately 4,617,000 kg CO2e. Hufvudstaden has set ambitious climate commitments, aiming for a 46% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2019 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. Additionally, the company is striving to achieve near-zero emissions for Scope 1 and Scope 2 by 2025, with a reported 10% reduction in CO2e emissions already achieved. The emissions data is sourced directly from Hufvudstaden AB (publ) and reflects their commitment to sustainability within the real estate sector in Sweden.
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| 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 329,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 630,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 000,000 | 0,000,000 | 0,000,000 |
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Hufvudstaden'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.
Hufvudstaden 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.
Frequently Asked Questions
Common questions about Hufvudstaden's sustainability data and climate commitments