Magnolia Bostad
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 34 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 2023, Magnolia Bostad reported total carbon emissions of approximately 3,258,660 kg CO2e, comprising 32,820 kg CO2e from Scope 1, 42,580 kg CO2e from Scope 2, and a significant 3,194,160 kg CO2e from Scope 3 emissions. This reflects a notable increase in emissions compared to 2022, where total emissions were about 2,797,770 kg CO2e, with Scope 1 at 16,450 kg CO2e and Scope 2 at 43,490 kg CO2e. In 2021, the company’s total emissions were approximately 6,028,594 kg CO2e, indicating a downward trend in emissions over the years. 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 baseline year. This target has been approved through the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company also commits to measuring and reducing its Scope 3 emissions, which represent the largest portion of its carbon footprint. Overall, Magnolia Bostad is actively working towards significant emissions reductions while addressing its broader climate impact through comprehensive strategies.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 33,082 | 00,000 | 00,000 |
| Scope 2 | 24,283 | 00,000 | 00,000 |
| Scope 3 | 5,743,991 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Magnolia Bostad is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
