L E Lundbergföretagen AB

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, L E Lundbergföretagen AB disclosed greenhouse gas emissions of 21.9K tCO2e/year (wholly owned operations). By scope: Scope 1: 30 tCO2e/year (wholly owned operations); Scope 2: 6.1K tCO2e/year (wholly owned operations); Scope 3: 15.8K tCO2e/year (wholly owned operations). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
21.9K tCO2e/year (wholly owned operations)
2023
⚡
Renewable Energy
100% electricity from wind energy (wholly owned operations)
of total energy

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).30 tCO2e/year (wholly owned operations)
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.6.1K tCO2e/year (wholly owned operations)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).15.8K tCO2e/year (wholly owned operations)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202321.9K tCO2e/year (wholly owned operations)
2021738.7K tCO2e/year (Group)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce emissions connected to construction projects
  • Reduce energy consumption
  • Influence customers’ own sustainability activities

📅 Medium-term

  • Climate-neutral operations by 2030 in the entire value chain (scope 1, 2 and 3) in wholly owned business.

🌱 ESG Focus Areas

Shareholder valueFinancial stabilityLong-term and sustainable business modelsResponsible governanceClimate and gender equalityResponsible investmentsResponsible employer

⚠️ Challenges & Risks +

  • Increasingly demanding permit processes for Holmen's renewable energy production.
  • Political decisions affecting forest utilization for Holmen.
  • Labor conditions and unfair competition risks for Hufvudstaden's project operations.
  • Sustainability risks in Hufvudstaden's fashion supply chain.
  • High energy consumption and emissions in the property sector (Hufvudstaden).
  • Climate-related risks (transition and physical risks) for Hufvudstaden.
  • Sustainability risks in Lundbergs' supply chain (potential human rights risks).

📋 Report Information

Reporting Period: 2023
Frameworks: Swedish Annual Accounts Act, EU Taxonomy Regulation, CSRD, TCFD, Science Based Targets initiative, UN Global Compact