- Geopolitical uncertainty, a war in Europe, cost inflation, higher interest rates, and a rare general level of caution throughout the market
- Weak economy with negative growth in Sweden and Finland, slowed growth in Norway
- High inflation and interest rates impacting household consumption and investment
- Decreased housing investments and lower consumption by households
- High construction costs and weak development in housing prices
- Low sales of residential units
- Material is the big challenge in reducing emissions
JM AB (publ)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, JM AB (publ) disclosed greenhouse gas emissions of 70.1K tCO2e/year. By scope: Scope 1: 2.8K tCO2e/year; Scope 2: 953 tCO2e/year; Scope 3: 66.4K tCO2e/year. 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
70.1K tCO2e/year
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). | 2.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 953 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 66.4K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 22% Decrease in emissions for JM in Sweden in 2023 (Scopes 1, 2 and 3)
- 7% Decrease in CO2 emissions per m2 built in JM Sweden in 2023
- 13.5% Decrease in CO2 emissions per GFA in JM Norway in 2023
- 40% Decrease in estimated energy consumption in JM’s Swedish residential units since 2008
- 35 residential projects in the JM Group were Nordic Swan Ecolabelled in 2023
- Increased degree of recycling resulted in reduced volumes of burnable waste, which led to JM being able to stop using containers for burnable waste at construction sites in Sweden
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce total amount of construction waste to 25 kg/GFA by 2023
- Increase the percentage of construction waste that is sorted into fractions for recycling to 80% by 2023
- Reduce greenhouse gas emissions from JM’s own operations by 20% in 2023 compared to 2020
📅 Medium-term
- Reduce total amount of construction waste to max 15 kg/GFA by 2030
- JM should have climate-affecting emissions close to zero by 2030
- Even gender distribution among salaried employees (at least 40/60 women/men) by 2030
- 20% women among wage-earners by 2030
🔭 Long-term
- JM should have climate-affecting emissions close to zero by 2030
🌱 ESG Focus Areas
ClimateEmployeesSuppliersCustomersLong-term sustainable growth