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Corem Property Group AB

Common Name

Corem Property Group

Country

Sweden

Sector

Real Estate

Industry

Real Estate - Diversified

Employees

280

Ticker

CORE A

Exchange

NASDAQ STOCKHOLM AB

Website

www.corem.se

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... Show more

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)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Categories of Scope 3 (6 categories)
Purchased Goods and Services (Cat. 1) Emissions from the extraction, production, and transportation of goods and services purchased by the company.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Capital Goods (Cat. 2) Emissions from the production and delivery of long-term capital assets such as buildings, machinery, and equipment.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Fuel- and Energy-Related Services (Cat. 3) Emissions related to the production of fuels and energy purchased by the company that are not included in Scope 1 or 2 (e.g. extraction, refining, transport).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Business Travel (Cat. 6) Emissions from business-related travel by employees, such as air travel, car rentals, and accommodations.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Employee Commuting (Cat. 7) Emissions from employee commuting between their homes and their worksites, including personal and public transport.	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Downstream Leased Assets (Cat. 13) Emissions from the operation of assets owned by the company and leased to others (downstream).	Data available for purchase 0000000	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

Corem Property Group's Scope 1 Emissions Over Time

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).

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.

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.

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.

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.

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.

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.

Corem Property Group's Scope 2 Emissions Over Time

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.

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.

Corem Property Group's Scope 3 Emissions Over Time

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).

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.

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.

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.

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.

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:

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

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.

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%.

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