- High market interest rates, high inflation and lower growth
- Increased demand from customers and stakeholders for circularity and cost/energy efficiency
- Increased demand for electricity in Stockholm region
- Potential risks from climate change (increased precipitation, flooding, temperature increases, groundwater level drops)
- Political measures potentially hindering self-produced energy
- Tougher legal requirements regarding property development and sustainability
Fabege AB (publ)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Fabege AB (publ) disclosed greenhouse gas emissions of 13.3K tCO2e (net after carbon offset). By scope: Scope 1: 0 tCO2e; Scope 2: 1.7K tCO2e (market-based); Scope 3: 13.3K tCO2e. 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
13.3K tCO2e (net after carbon offset)
2023
Renewable Energy
100% (electricity), 87% (heating & cooling)
of total energy
Water Usage
441.0K m3
2023
Waste
2.4K tons
2023
Energy Use
51.7K MWh (landlord-obtained electricity)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 0 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.7K tCO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 13.3K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 13.3K tCO2e (net after carbon offset) |
| 2021 | 27.0K tCO2e/year (net after carbon offset) |
| 2020 | 4.3K tCO2e/year (net after offset) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced electricity consumption by 10% in winter 2022/2023
- Reduced carbon footprint by 25% in a building in Haga Norra district
- Achieved BREEAM Outstanding certification and BREEAM Building of the Year 2023 award for Ackordet 1 property
- Opened a new reuse hub in Solna
- Achieved 96% reduction in carbon footprint (Scopes 1 and 2) since 2002
- Achieved 100% green financing
- 96% of newly signed space and 91% of total space under green leases.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 20% reduction in carbon footprint per sqm of GFA compared with 2019 (Scope 3) by 2025
- Implement measures from climate resilience analyses at all properties by 2025
- Energy performance below 70 kWh/sqm Atemp by 2025
📅 Medium-term
- 50% reduction in carbon footprint per sqm of GFA compared with 2019 (Scope 3) by 2030
- Carbon neutral property management (Scopes 1 and 2) by 2030
- Energy produced from solar panels 2.5 kWh/sqm Atemp annually by 2030
🌱 ESG Focus Areas
City districtsPropertiesEmployeesSupply chainFinancingCustomersBusiness ethics