Hemnet Group AB (publ)

Common Name
Hemnet Group
Country
Sweden
Sector
Communication Services
Industry
Internet Content & Information
Employees
148
Ticker
HEM
Exchange
NASDAQ STOCKHOLM AB
Description
Hemnet Group AB is a leading digital real estate platform based in Sweden, primarily focusing on the property listing and residential real estate sectors. This platform serves as a vital marketplace f...

Hemnet Group's GHG Emissions Data Preview

In 2023, Hemnet 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).

Hemnet Group has also provided a category-level breakdown for 8 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Hemnet Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hemnet Group amounted to 0.31 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 2022, the total operational greenhouse gas (GHG) emissions of Hemnet Group decreased by 85.78%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Hemnet Group's Scope 1 Emissions Over Time

20212022202301234tCO2eNaN%NaN%
  • Total Scope 1
  • Year-over-Year Change

What are Hemnet Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hemnet Group were 0 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What are Hemnet Group's Scope 2 emissions?

In 2023, Hemnet Group reported Scope 2 greenhouse gas (GHG) emissions of 0.31 tCOâ‚‚e using the market-based method.

Has Hemnet Group reduced its Scope 2 emissions over time?

Since 2021, Hemnet Group's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 89.67%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hemnet Group's Scope 2 emissions (Market-Based) fell by 85.78% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Hemnet Group use for Scope 2 reporting?

In 2023, Hemnet Group reported its Scope 2 emissions using the market-based method.

Hemnet Group's Scope 2 Emissions Over Time

20212022202300.751.52.253tCO2e
  • Total Scope 2 Market-Based

Insights into Hemnet Group's Value Chain Emissions

In 2023, Hemnet Group reported 1,884.818 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hemnet Group includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hemnet Group's Scope 3 Emissions Over Time

20212022202305001 k1.5 k2 ktCO2e+908%+41%
  • Total Scope 3
  • Year-over-Year Change

What are Hemnet Group's Scope 3 emissions?

In 2023, Hemnet Group reported total Scope 3 emissions of 1,884.818 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.95% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.05% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hemnet Group reduced its Scope 3 emissions over time?

Since 2021, Hemnet Group's Scope 3 emissions have increased by 1,325.48%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hemnet Group's Scope 3 emissions increased by 41.45%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Hemnet Group disclose?

In 2023, Hemnet Group reported emissions for 8 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 Hemnet Group's Scope 3 emissions?

In 2023, the largest contributors to Hemnet Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,802.301 tCOâ‚‚e (95.62%)
  • Employee Commuting (Cat. 7): 47.873 tCOâ‚‚e (2.54%)
  • Capital Goods (Cat. 2): 17.803 tCOâ‚‚e (0.94%)

Hemnet Group's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(2.5%)Purchased Goods andServices (Cat. 1)(95.6%)

Insights into Hemnet Group's Total Carbon Footprint

In 2023, Hemnet Group reported a total carbon footprint of 1,885.128 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 41.24% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hemnet Group's total carbon footprint was Scope 3 emissions, accounting for 99.98% of the company's total carbon footprint, followed by Scope 2 emissions at 0.02%.

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