We have worked systematically on energy issues for over 20 years and have achieved excellent results. The energy strategy is an important part of the work towards achieving climate-neutral management. Our ambition is to be an industry leader in energy efficiency and sustainable office properties.

Fabege’s energy strategy takes a holistic approach to the energy issue for our properties, projects and city districts. Imposing stringent environmental requirements when purchasing energy and customising energy use to tenants’ needs using digital technology are important tools for reducing energy consumption. We monitor and analyse energy usage hourly to identify any deviations in energy performance early on. Extensive checks are conducted at building and company level via an energy follow-up system that scans and processes all recorded consumption values.

Our energy efficiency targets

Our energy efficiency targets are divided into phases. By 2019, we had already achieved the first stage by halving our energy use compared with 2005. We have been working towards the target of average energy consumption of 776 kWh/sqm Atemp by 2023. But already in 2022, we achieved 73 kWh/sqm Atemp and have therefore set a new target – average energy use of 70 kWh/sqm Atemp by 2025. Once we reach this target, it will mean that our energy performance is on a par with new build requirements, which is remarkable given that most of the buildings in our portfolio are more than 30 years old.

Energy efficiency improvements in operations

Considerable emphasis is placed on continually promoting energy efficiency improvements in our day-to-day work. We only use ‘Good Environmental Choice’ district heating in the properties in Solna and Sundbyberg, and for Stockholm inner city we buy carbon neutral district heating. We also cooperate with tenants on reducing their energy use, primarily by increasing the number of green leases. The aim is for green leases to account for 100 per cent of the total lettable area above ground.

During last year, the electricity systems and electricity markets were exposed to major challenges, which led to increased prices and also an increased risk of power shortages. Therefore, we have increased our focus on energy efficiency further. We work actively with our processes and our technology to minimise electricity use and we have implemented a large number of measures to reduce consumption and thus mitigate the price increase and support the electricity system. During the winter of 2022/2023, the goal is to save 10 percent of our electricity use compared to the corresponding period previous year. We have also intensified the dialogue with our customers to support them in their energy efficiency work.