Wallenstam
Wallenstam AB, commonly referred to as Wallenstam, is a prominent Swedish property development and management company headquartered in Gothenburg, Sweden. Established in 1944, Wallenstam has made significant strides in the real estate sector, focusing primarily on residential and commercial properties across key regions in Sweden, including Gothenburg and Stockholm. The company is renowned for its commitment to sustainability and innovative urban development, offering unique housing solutions and commercial spaces that prioritise environmental considerations. Wallenstam's portfolio includes a diverse range of properties, from modern residential complexes to dynamic office environments, setting it apart in a competitive market. With a strong market position, Wallenstam has achieved notable milestones, including recognition for its sustainable practices and contributions to urban renewal. The company continues to play a vital role in shaping Sweden's real estate landscape, driven by a vision of creating vibrant, sustainable communities.
DitchCarbon Score
How does Wallenstam's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Wallenstam's score of 41 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wallenstam's reported carbon emissions
In 2023, Wallenstam reported total carbon emissions of approximately 15,600,000 kg CO2e, comprising 444,000 kg CO2e from Scope 1, 3,888,000 kg CO2e from Scope 2, and 11,560,000 kg CO2e from Scope 3 emissions. This reflects a significant commitment to transparency in their emissions reporting across all three scopes. Wallenstam has set ambitious targets to reduce its greenhouse gas emissions. The company aims to achieve a 50% reduction in Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. Additionally, Wallenstam is committed to measuring and reducing its Scope 3 emissions, which represent the majority of its carbon footprint. The company's emissions data shows a trend of increasing emissions over the years, with Scope 1 emissions rising from 126,400 kg CO2e in 2022 to 444,000 kg CO2e in 2023, while Scope 2 emissions have remained relatively stable. The significant Scope 3 emissions highlight the importance of addressing indirect emissions in their overall climate strategy. Wallenstam's proactive approach to climate commitments and emissions reduction reflects its dedication to sustainability within the real estate sector in Sweden.
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 159,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | - | - | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 700,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Wallenstam is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
