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European Climate Pact

Overview

Location

Sweden

Sector

Construction

Organisation type
Business

Company Information

Bonava develops real estate, through residential building construction. With its headquarters in Stockholm, Sweden, the company reported 2,100 employees and 15.5 billion SEK net sales in 2021.*

*Source

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Bonava has a target to reduce absolute scopes 1 and 2 CO2e emissions 50% by 2030 from a base year of 2018. Bonava has a target to reduce intensity of scope 3 CO2e emissions 50% per unit of production by 2030 from a base year of 2018

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Bonava has a target to consume 100% of electricity from renewable sources by 2026 from a baseline of 43% renewable electricity consumption in 2020

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (25/07/2022)

Data source: CDP Climate Change 2022