Climate issues

Climate issues are without a doubt the biggest challenge of our time, and as urban developers we can make a real contribution in this area. This involves creating more sustainable places while influencing the people who live, work and stay in our city to make climate-smart choices and positive changes to their behaviour.

We are committed to reducing our carbon footprint and energy consumption in the long term. Our work covers everything from resource optimisation, climate-smart material choices and sustainability certification of buildings, to digitalisation and health. We focus both on our properties under management and on our construction projects, which include commercial and residential units.

Agenda 2030 and our role in a broader context

The UN’s 2030 Agenda for Sustainable Development serves as a guide in efforts to ensure global development is sustainable in the long term. By joining forces in support of the 17 Sustainable Development Goals (SDGs), the countries of the world aim by the year 2030 to have made human rights for everyone a reality, and achieved gender equality and lasting protection for our planet. The business community has an important role to play here, particularly the construction and property sector.

The UN Sustainable Development Goals we work systematically with

We can see strong synergies between the goals, which is why we are placing greater emphasis on the areas that present the most significant challenges to our business, namely:

  • Goal 3 - Good health and well-being
  • Goal 7 - Affordable and clean energy
  • Goal 9 - Industry, innovation and infrastructure
  • Goal 10 - Reduced inequalities
  • Goal 11 - Sustainable cities and communities
  • Goal 12 - Responsible consumption and production

During 2023, we have maintained a firm focus on Goals 9 and 12, with the aim of creating conditions for circular material flows through disassembly, reuse and recycling. Within Goal 10 we have adopted a structured approach to working with, and planning ways to reduce social inequalities in our districts.

Our ambitious sustainability work has led to activities linked to several of the SDGs now being integral elements of our business processes. We know that our work has an impact on all 17 SDGs, and that there are synergy opportunities between the environment, social values and economics. For example, our work on Goal 3 Good Health and Well-being, and Goal 13 Climate Action are a direct consequence of our work on Goals 9, 11 and 12. The latter goals are therefore prioritised so that all the challenges involved can be addressed effectively. However, we do not underestimate the huge adjustments that remain to be made, for example in relation to Goal 13.

Objective: climate neutrality

To support the company’s desire to adjust operations to help achieve the 1.5-degree target according to the Paris Agreement, in 2019 we linked up with the Science Based Targets initiative (SBTi) and agreed on a climate goal, according to the framework of that time, which was also validated. The SBTi goal is to halve Scope 1 and 2 emissions by 2030 at the latest, with a base year of 2018, and a commitment to measure and reduce our Scope 3 emissions. ut our ambitious climate goal extends beyond this to include a commitment to cut Scope 3 emissions per GFA by half. The ultimate goal is for our property management to be carbon neutral by the year 2030. This means reducing Scope 1 and 2 emissions by at least 90 per cent. To achieve this we need to be in control of all emissions associated with our operations. In addition, our negative climate and environmental impact must be minimised. Achieving carbon neutrality in existing buildings now requires cooperation with energy suppliers, which in 2023 accounted for all Scope 1 and 2 emissions.

Our carbon dioxide emissions (Scopes 1 and 2), have declined by around 96 per cent since 2002, from roughly 40,000 to approximately 1,711 tonnes, excluding carbon offset from district heating suppliers. We have signed an agreement with Stockholm Exergi for the capture of biogenic carbon dioxide called bio-CCS and future purchase of negative emissions to reduce our carbon footprint going forward. The main challenge in energy supply is the availability of renewable fuels and the security of electricity supply with the expansion of the power grid to increase capacity.

One interim goal is to invest in solar panels every year corresponding to at least 320 MWh in new and existing properties, and by 2030 the aim is for our solar panels to produce 2.5 kWh/sqm Atemp annually. For new builds, the goal is double that: 5.0 kWh/sqm, and solar panels are always included in the planning stage for new properties. The result for 2023 of 1.7 kWh/sqm Atemp shows that we are well on our way to achieving our goal.

Our good energy performance results have been achieved through systematic energy work with a strong focus on building working practices and expertise within the organisation. We have also made our energy solutions more efficient through the development of building automation and digitalisation, improved cooling and heat recovery, power-saving measures and building shell measures. We work proactively according to our refrigerant policy, which involves choosing refrigerants with the lowest possible carbon footprint and minimising leakage from existing machines.

Since 1 January 2022, all new construction projects are required by law to draw up a climate declaration. Fabege’s guideline for CO2 calculation is more ambitious than the legal requirement and includes more building components and life cycle stages, as well as refurbishments over SEK 20m. We perform climate calculations using the Plant tool for both large and small-scale projects. Plant has also developed modules to make simpler calculations of tenant customisations and simplified calculations at an early stage, which we believe can be of great help in starting calculations early and bringing tenants on board in efforts to reduce the CO2 footprint.

Calculation of our emissions

We report our greenhouse gas emissions in accordance with the GHG Protocol (Greenhouse Gas Protocol), which is divided into direct emissions (Scope 1) and indirect emissions (Scope 2 and 3), upstream and downstream. The image shows what is included in our Scopes 1 - 3.

We use actual consumption when calculating the emissions and primarily report the market-based method, as we then have statistics from 2002 onwards. However, for 2022 we also report the outcome according to the location-based method.

GHG table

Solar cells our way

Changed 14 March 2024

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Sustainability House

We are now taking sustainability to a new level by constructing buildings from buildings in Haga Norra - welcome to Hållbarhetshuset (Sustainability House)!

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In Solna Business Park, we are now designing Parkhuset - the innovation project with only half the climate impact.

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Targets and results

The long term targets for sustainability of Fabege's is about customers, the environment, suppliers and employees.

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