Magnolia Bostad Sustainability Profile
Magnolia Bostad AB, commonly referred to as Magnolia Bostad, is a prominent player in the Swedish real estate sector, headquartered in Stockholm, Sweden. Founded in 2010, the company has rapidly established itself as a leader in residential development, focusing on creating sustainable and innovative housing solutions across major operational regions in Sweden. Specialising in the development of residential properties, Magnolia Bostad is known for its commitment to quality and sustainability, offering unique living environments that cater to modern lifestyles. The company has achieved significant milestones, including a robust portfolio of completed projects and a strong market presence, positioning itself as a trusted name in the industry. With a focus on creating value through strategic partnerships and community engagement, Magnolia Bostad continues to shape the future of housing in Sweden.
DitchCarbon Score
How does Magnolia Bostad'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
Magnolia Bostad's score of 45 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magnolia Bostad's reported carbon emissions
In 2024, Magnolia Bostad reported total carbon emissions of approximately 104,713,000 kg CO2e. This figure includes 5,000 kg CO2e from Scope 1 emissions, 332,000 kg CO2e from Scope 2 emissions, and a significant 104,375,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by capital goods (about 87,592,000 kg CO2e) and investments (approximately 4,064,000 kg CO2e). For the previous year, 2023, the company recorded total emissions of approximately 3,194,160 kg CO2e, with Scope 1 emissions at 32,820 kg CO2e and Scope 2 emissions at 42,580 kg CO2e. In 2022, emissions were about 2,797,770 kg CO2e, with Scope 1 at 16,450 kg CO2e and Scope 2 at 43,490 kg CO2e. Magnolia Bostad has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 38% by 2030, using 2021 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. The company also plans to measure and reduce its Scope 3 emissions, reflecting a comprehensive approach to climate action. The emissions data for Magnolia Bostad is cascaded from its parent company, Magnolia Bostad AB (publ), ensuring consistency and transparency in reporting.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 33,082 | 00,000 | 00,000 | 0,000 |
| Scope 2 | 24,283 | 00,000 | 00,000 | 000,000 |
| Scope 3 | 5,743,991 | 0,000,000 | 0,000,000 | 000,000,000 |
How Carbon Intensive is Magnolia Bostad's Industry?
How Carbon Intensive is Magnolia Bostad's Location?
Magnolia Bostad's Scope 3 Categories Breakdown
Magnolia Bostad's Scope 3 emissions, which increased significantly last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 84% of Scope 3 emissions.
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Magnolia Bostad'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.
Magnolia Bostad 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 Magnolia Bostad's sustainability data and climate commitments