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.
+28 vs industry average
Hufvudstaden’s score of 56 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hufvudstaden's reported carbon emissions
Hufvudstaden's most recent reported carbon emissions data is for 2025, with total emissions of approximately 8.5 million kg CO2e. This figure comprises Scope 1 emissions of about 10,000 kg CO2e, Scope 2 emissions totalling approximately 661,000 kg CO2e (market-based), and significant Scope 3 emissions amounting to about 7.8 million kg CO2e. Key contributors to Scope 3 emissions in 2025 include downstream leased assets (approximately 9.4 million kg CO2e) and purchased goods and services (about 5.1 million kg CO2e). For 2024, Hufvudstaden reported total emissions of approximately 9.3 million kg CO2e. This included Scope 1 emissions of around 291,000 kg CO2e, Scope 2 emissions of about 885,000 kg CO2e (market-based), and Scope 3 emissions totalling approximately 8.2 million kg CO2e. In 2023, the company's total emissions were approximately 5.6 million kg CO2e, with Scope 1 at about 106,000 kg CO2e, Scope 2 at roughly 853,000 kg CO2e, and Scope 3 at approximately 4.6 million kg CO2e. Hufvudstaden has established reduction targets aimed at achieving climate neutrality in the management of its properties. Specifically, they aim to reduce Scope 1 and Scope 2 emissions to near zero by 2025. Furthermore, Hufvudstaden has committed to a Science Based Target initiative (SBTi) target to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030 from a 2019 base year. The company also commits to measuring and reducing its Scope 3 emissions.
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Hufvudstaden’s Climate Goals (2030 & 2050)
4 goals2025
Management of our properties is to be climate-neutral
Management of our properties is to be climate-neutral. CO2e emissions have decreased by 10 per cent.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Hufvudstaden’s sustainability data and climate commitments
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