Hufvudstaden AB

Common Name
Hufvudstaden
Country
Sweden
Sector
Real Estate
Industry
Real Estate - Diversified
Employees
248
Ticker
HUFV A
Exchange
NASDAQ STOCKHOLM AB
Description
Hufvudstaden AB (publ) engages in the ownership, development, and management of commercial properties in Stockholm and Gothenburg, Sweden. It operates through three segments: Property Management, NK R...

Hufvudstaden's GHG Emissions Data Preview

In 2024, Hufvudstaden 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).

Hufvudstaden 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hufvudstaden’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 Hufvudstaden’s data sources below and access millions more through our Disclosure Search.

a. Hufvudstaden's Annual Report 2024
a. Hufvudstaden's Annual Report 2024

Insights into Hufvudstaden's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hufvudstaden amounted to 1,176 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 Hufvudstaden increased by 22.63%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hufvudstaden's Scope 1 Emissions Over Time

20232024075150225300tCO2e+175%
  • Total Scope 1
  • Year-over-Year Change

What are Hufvudstaden's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hufvudstaden were 291 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Hufvudstaden's Scope 1 emissions increased by 174.53%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hufvudstaden's Scope 2 emissions?

In 2024, Hufvudstaden reported Scope 2 greenhouse gas (GHG) emissions of 885 tCO₂e using the market-based method. a

What methodology does Hufvudstaden use for Scope 2 reporting?

In 2024, Hufvudstaden reported its Scope 2 emissions using the market-based method. a

Hufvudstaden's Scope 2 Emissions Over Time

2023202402505007501 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hufvudstaden's Value Chain Emissions

In 2024, Hufvudstaden reported 5,118 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 Hufvudstaden 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

Hufvudstaden's Scope 3 Emissions Over Time

2023202401.5 k3 k4.5 k6 ktCO2e+11%
  • Total Scope 3
  • Year-over-Year Change

What are Hufvudstaden's Scope 3 emissions?

In 2024, Hufvudstaden reported total Scope 3 emissions of 5,118 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 84.44% of these emissions originated from upstream activities such as purchased goods and capital goods, while 15.56% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Hufvudstaden's Scope 3 emissions increased by 10.85%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Hufvudstaden disclose?

In 2024, Hufvudstaden 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 Hufvudstaden's Scope 3 emissions?

In 2024, the largest contributors to Hufvudstaden's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 3,600 tCO₂e (70.35%)
  • Downstream Leased Assets (Cat. 13): 780 tCO₂e (15.24%)
  • Fuel- and Energy-Related Services (Cat. 3): 530 tCO₂e (10.36%)

Hufvudstaden's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(10.4%)Downstream LeasedAssets (Cat. 13)(15.2%)Purchased Goods andServices (Cat. 1)(70.4%)

Insights into Hufvudstaden’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hufvudstaden reported Scope 1 greenhouse gas (GHG) emissions of 291 tCO₂e and total revenues of USD 288 millions. This translates into an emissions intensity of 1.01 tCO₂e per millions USD. a

Hufvudstaden's Scope 1 Emissions Intensity Compared to Peers

202002,00020,000200,000Scope 1 Emissions (tCO2e)10505005,00020,000Revenues (Millions of USD)HPlatzer Fastigheter HoldingYear: 2024Scope 1: 216 tCO2eRevenue: $M 152Scope 1 Intensity: 1.43 tCO2e/$MZug Estates HoldingYear: 2024Scope 1: 241 tCO2eRevenue: $M 98Scope 1 Intensity: 2.47 tCO2e/$MPlazzaYear: 2024Scope 1: 300 tCO2eRevenue: $M 37Scope 1 Intensity: 8.13 tCO2e/$MHIAG Immobilien HoldingYear: 2024Scope 1: 1,772 tCO2eRevenue: $M 138Scope 1 Intensity: 12.88 tCO2e/$MFastPartnerYear: 2024Scope 1: 73 tCO2eRevenue: $M 208Scope 1 Intensity: 0.35 tCO2e/$MHenderson Land DevelopmentYear: 2024Scope 1: 13,137 tCO2eRevenue: $M 3,252Scope 1 Intensity: 4.04 tCO2e/$MFastighets AB BalderYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 1,168Scope 1 Intensity: 1.05 tCO2e/$MCorem Property GroupYear: 2024Scope 1: 171 tCO2eRevenue: $M 335Scope 1 Intensity: 0.51 tCO2e/$MStrauss GroupYear: 2023Scope 1: 95 tCO2eRevenue: $M 17Scope 1 Intensity: 5.49 tCO2e/$MMasYear: 2023Scope 1: 940 tCO2eRevenue: $M 90Scope 1 Intensity: 10.42 tCO2e/$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: $M 729Scope 1 Intensity: 11.28 tCO2e/$MCityconYear: 2023Scope 1: 1,050 tCO2eRevenue: $M 321Scope 1 Intensity: 3.27 tCO2e/$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: $M 951Scope 1 Intensity: 7.45 tCO2e/$MHufvudstadenYear: 2024Scope 1: 291 tCO2eRevenue: $M 288Scope 1 Intensity: 1.01 tCO2e/$M

How does Hufvudstaden's GHG emissions intensity compare to its peers?

In 2024, Hufvudstaden reported a Scope 1 emissions intensity of 1.01 tCO₂e per millions USD. Compared to the peer group median of 3.82 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Hufvudstaden rank on GHG emissions intensity within its industry?

In 2024, Hufvudstaden ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Hufvudstaden's Total Carbon Footprint

In 2024, Hufvudstaden reported a total carbon footprint of 6,294 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.88% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Hufvudstaden's total carbon footprint was Scope 3 emissions, accounting for 81.32% of the company's total carbon footprint, followed by Scope 2 emissions at 14.06%. a

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