Since 2010, we have signed the United Nations Global Compact annually, demonstrating our commitment to take clear responsibility in the areas of human rights, labor rights, the environment, and anti-corruption. We also have an internal environmental management system where we systematically identify and drive operational environmental considerations. There is environmental legislation that we must consider, for example, routine descriptions and a number of self-inspections.
Strategic goals
- To halve our carbon dioxide emissions from operations (scope 1-2) by 2030 compared to 2018, which means we will reduce our carbon dioxide emissions by 2,750 tons of CO2 equivalent.
- To halve our so-called indirect emissions in the value chain (scope 3) by 2030 compared to 2020.
(Our strategic goals are related to Science Based Targets).
Operational goals
- Our carbon dioxide emissions from operations (scope 1-2) will be less than 1.5 kg CO2 equivalent per square meter by the end of 2022.
- For the purchase of goods and services such as building materials (scope 3), we will halve our climate emissions by 2030 per square meter of real estate area with 2020 as the reference/base year (from today's calculated 8 kg CO2 eq/m2 to <4 kg CO2 eq/m2). This covers our New and Extension Projects, Renovation Projects, Tenant Adaptations, and Maintenance Projects.
- Continuously measure, report and progressively reduce emissions (scope 3) - quality assure data and increase the use of in-house developed climate data instead of templates.
** Climate emissions and greenhouse gases are terms used to talk about the gases that affect our climate. Carbon dioxide, methane, nitrous oxide, and a few other gases are included in this group. By expressing greenhouse gas emissions in carbon dioxide equivalents, we can compare the individual gases' contributions to the greenhouse effect. When expressing the emissions of a particular greenhouse gas in carbon dioxide equivalents, we are stating how much carbon dioxide it would take to have the same impact on the climate.
Scope 1
Own operations
We are taking a range of measures to reduce emissions from our own operations. This includes exclusively purchasing electric, hybrid, and gas-powered vehicles, transitioning to renewable biogas, and upgrading cooling systems. Refrigerant leaks account for a significant share of climate emissions. To address this, we are replacing old cooling units with new systems using natural refrigerants (propane), which have minimal climate impact in the event of a leak compared to traditional refrigerants. This transition is carried out by our in-house operations team in collaboration with our suppliers.
Scope 2
Purchased energy for operations
To reduce the climate impact from the energy we purchase for our properties, we systematically work to lower energy consumption, transition to renewable energy sources, and install our own solar power systems. Each year, we implement energy efficiency projects in selected properties. With our in-house operations technicians and managers, who have extensive expertise and access to strong system support, we can easily identify properties with the greatest savings potential.
We are in principle solely using energy from renewable sources in our Swedish operations, and we are continuing to purchase renewable energy to the greatest extent possible in Denmark as well. However, there is limited access to renewable energy. We continually install new solar power systems and now have solar panels at a total of 21 properties.
Scope 3
Construction projects and tenant adaptations
A significant part of the real estate sector's climate impact comes from the construction process, and we are advancing our efforts in collaboration with the industry, for example, through LFM30 in Malmö.
It is also essential to take a lifecycle perspective on buildings, prioritizing reuse, refurbishment, and repurposing of existing structures whenever possible.
The Zero CO2 certification is another key initiative in our sustainability efforts.
We continuously work to reduce our carbon emissions and energy consumption. Over time, we have significantly lowered our carbon footprint while expanding our operations, thanks to ongoing energy efficiency measures and the purchase of renewable energy wherever possible.
Climate Roadmap
How we are working towards a sustainable future, together.
Discover our Climate RoadmapClimate adaptation
The need to climate-proof our properties has increased in line with climate change. This is largely managed through the property caretakers’ day-to-day work inspecting the buildings. To future-proof new buildings, we conduct climate risk analyses at an early planning stage to establish any location-specific climate risks and identify suitable measures for climate-proofing buildings.
Climate adaptation is also an integral part of our ongoing property management efforts. Measures to mitigate the effects of climate change include green roofs that absorb rainfall and provide cooling in summer, tree planting for shade, and reducing impermeable surfaces in favor of materials that allow rainwater to seep through. This is still a relatively new area, and we see great potential to work even more actively with these initiatives in the future.
Our own solar power systems
By installing our own solar power systems on our properties, we reduce the need for purchased energy and can generate renewable energy that is often used directly within the building. We also contribute to more resilient local energy systems by lowering peak demand, as solar power helps cover energy needs during certain periods.
Would you like to learn more about our climate efforts?
I'm happy to answer any questions you may have.
