Corem Property Group AB

Common Name
Corem Property Group
Country
Sweden
Sector
Real Estate
Industry
Real Estate - Diversified
Employees
279
Ticker
CORE A
Exchange
NASDAQ STOCKHOLM AB
Description
Corem Property Group AB (publ), a real estate company, owns, manages, develops, and leases office, warehouse, logistics, and retail properties in Sweden, Denmark, and the United States. The company ow...

Corem Property Group's GHG Emissions Data Preview

In 2024, Corem Property Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Corem Property Group has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Corem Property Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Corem Property Group’s data sources below and access millions more through our Disclosure Search.

a. Corem Property Group's Annual Report 2024
a. Corem Property Group's Annual Report 2024

Insights into Corem Property Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Corem Property Group amounted to 6,138 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Corem Property Group decreased by 45.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Corem Property Group's Scope 1 Emissions Over Time

2022202320240150300450600tCO2e-3%-64%
  • Total Scope 1
  • Year-over-Year Change

What are Corem Property Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Corem Property Group were 171 metric tons of CO₂ equivalent (tCO₂e). a

Has Corem Property Group reduced its Scope 1 emissions over time?

Since 2022, Corem Property Group's Scope 1 emissions have decreased by 64.89%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Corem Property Group's Scope 1 emissions decreased by 63.85%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Corem Property Group's Scope 2 emissions?

In 2024, Corem Property Group reported Scope 2 greenhouse gas (GHG) emissions of 7,593 tCO₂e using the market-based method and 5,967 tCO₂e using the location-based method. a

Has Corem Property Group reduced its Scope 2 emissions over time?

Since 2022, Corem Property Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 48.67%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Corem Property Group's Scope 2 emissions (Location-Based) fell by 44.7% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Corem Property Group use for Scope 2 reporting?

In 2024, Corem Property Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Corem Property Group's Scope 2 Emissions Over Time

20222023202403 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Corem Property Group's Value Chain Emissions

In 2024, Corem Property Group reported 47,575 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Corem Property Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Corem Property Group's Scope 3 Emissions Over Time

202220232024020 k40 k60 k80 ktCO2e-18%-24%
  • Total Scope 3
  • Year-over-Year Change

What are Corem Property Group's Scope 3 emissions?

In 2024, Corem Property Group reported total Scope 3 emissions of 47,575 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 46.15% of these emissions originated from upstream activities such as purchased goods and capital goods, while 53.85% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Corem Property Group reduced its Scope 3 emissions over time?

Since 2022, Corem Property Group's Scope 3 emissions have decreased by 37.5%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Corem Property Group's Scope 3 emissions decreased by 24.15%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Corem Property Group disclose?

In 2024, Corem Property Group reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Corem Property Group's Scope 3 emissions?

In 2024, the largest contributors to Corem Property Group's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 25,619 tCO₂e (53.85%)
  • Capital Goods (Cat. 2): 19,037 tCO₂e (40.01%)
  • Fuel- and Energy-Related Services (Cat. 3): 1,501 tCO₂e (3.16%)

Corem Property Group's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(40.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(3.2%)Downstream LeasedAssets (Cat. 13)(53.8%)

Insights into Corem Property Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Corem Property Group reported Scope 1 greenhouse gas (GHG) emissions of 171 tCO₂e and total revenues of USD 335 millions. This translates into an emissions intensity of 0.51 tCO₂e per millions USD. a

Corem Property Group's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)10505005,00020,000Revenues (Millions of USD)CHNexityYear: 2024Scope 1: 6,736 tCO2eRevenue: $M 3,468Scope 1 Intensity: 1.94 tCO2e/$MHIAG Immobilien HoldingYear: 2024Scope 1: 1,772 tCO2eRevenue: $M 138Scope 1 Intensity: 12.88 tCO2e/$MFastPartnerYear: 2024Scope 1: 73 tCO2eRevenue: $M 208Scope 1 Intensity: 0.35 tCO2e/$MTAG ImmobilienYear: 2024Scope 1: 57,833 tCO2eRevenue: $M 1,127Scope 1 Intensity: 51.32 tCO2e/$MHenderson Land DevelopmentYear: 2024Scope 1: 13,137 tCO2eRevenue: $M 3,252Scope 1 Intensity: 4.04 tCO2e/$MFastighets AB BalderYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 1,168Scope 1 Intensity: 1.05 tCO2e/$MStrauss GroupYear: 2023Scope 1: 95 tCO2eRevenue: $M 17Scope 1 Intensity: 5.49 tCO2e/$MHufvudstadenYear: 2024Scope 1: 291 tCO2eRevenue: $M 288Scope 1 Intensity: 1.01 tCO2e/$MVesta Real EstateYear: 2023Scope 1: 137 tCO2eRevenue: $M 214Scope 1 Intensity: 0.64 tCO2e/$MTokyu Fudosan HoldingsYear: 2023Scope 1: 52,100 tCO2eRevenue: $M 7,551Scope 1 Intensity: 6.90 tCO2e/$MSwiss Prime SiteYear: 2024Scope 1: 8,220 tCO2eRevenue: $M 729Scope 1 Intensity: 11.28 tCO2e/$MFrasers PropertyYear: 2024Scope 1: 16,000 tCO2eRevenue: $M 3,280Scope 1 Intensity: 4.88 tCO2e/$MCCCPI EuropeYear: 2023Scope 1: 18,189 tCO2eRevenue: $M 882Scope 1 Intensity: 20.62 tCO2e/$MKindom DevelopmentYear: 2023Scope 1: 38 tCO2eRevenue: $M 634Scope 1 Intensity: 0.06 tCO2e/$MParque AraucoYear: 2023Scope 1: 652 tCO2eRevenue: $M 300Scope 1 Intensity: 2.17 tCO2e/$MLendLease GroupYear: 2023Scope 1: 26,062 tCO2eRevenue: $M 6,817Scope 1 Intensity: 3.82 tCO2e/$MNepi RockcastleYear: 2024Scope 1: 7,434 tCO2eRevenue: $M 888Scope 1 Intensity: 8.37 tCO2e/$MMitsubishi EstateYear: 2024Scope 1: 99,135 tCO2eRevenue: $M 9,936Scope 1 Intensity: 9.98 tCO2e/$MPakuwon JatiYear: 2023Scope 1: 20,598 tCO2eRevenue: $M 402Scope 1 Intensity: 51.24 tCO2e/$MCentral PattanaYear: 2024Scope 1: 3,715 tCO2eRevenue: $M 1,462Scope 1 Intensity: 2.54 tCO2e/$MCatenaYear: 2024Scope 1: 334 tCO2eRevenue: $M 199Scope 1 Intensity: 1.68 tCO2e/$MHHHainan Airport InfrastructureYear: 2023Scope 1: 7,084 tCO2eRevenue: $M 951Scope 1 Intensity: 7.45 tCO2e/$MCorem Property GroupYear: 2024Scope 1: 171 tCO2eRevenue: $M 335Scope 1 Intensity: 0.51 tCO2e/$M

How does Corem Property Group's GHG emissions intensity compare to its peers?

In 2024, Corem Property Group reported a Scope 1 emissions intensity of 0.51 tCO₂e per millions USD. Compared to the peer group median of 4.46 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Corem Property Group rank on GHG emissions intensity within its industry?

In 2024, Corem Property Group ranked 3 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Corem Property Group among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Corem Property Group's Total Carbon Footprint

In 2024, Corem Property Group reported a total carbon footprint of 53,713 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.4% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Corem Property Group's total carbon footprint was Scope 3 emissions, accounting for 88.57% of the company's total carbon footprint, followed by Scope 2 emissions at 11.11%. a

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