Potential offtaker

Vasakronan AB

www.vasakronan.se

Estimated electricity consumption

N/A

Countries of production presence

N/A

Vasakronan AB is a Swedish company that operates in the Multi Asset Class Own & Develop sector. The company is the largest property company in Sweden, owning and managing approximately 180 properties across the country. Vasakronan AB is committed to decarbonisation and has set ambitious targets to reduce its carbon footprint. The company is also actively investing in renewable energy and has signed several corporate power purchase agreements (PPAs) to support its transition to a low-carbon economy.

Decarbonisation is a key priority for Vasakronan AB. The company has set a target to reduce its carbon footprint by 50% by 2025, compared to 2015 levels. To achieve this goal, Vasakronan AB is implementing a range of measures to improve the energy efficiency of its buildings and reduce its reliance on fossil fuels. The company is investing in new technologies and solutions to reduce energy consumption, such as smart building systems, LED lighting, and energy-efficient HVAC systems.

Vasakronan AB is also investing in renewable energy to reduce its carbon footprint. The company has signed several corporate PPAs with wind and solar power projects in Sweden. These agreements enable Vasakronan AB to purchase renewable energy directly from the source, reducing its reliance on grid electricity and supporting the development of new renewable energy projects. The company has also installed solar panels on several of its properties, generating clean energy on-site and reducing its carbon footprint.

Corporate energy is another important focus for Vasakronan AB. The company is committed to reducing its energy consumption and improving the energy efficiency of its buildings. Vasakronan AB is implementing a range of measures to achieve this goal, such as upgrading lighting and HVAC systems, installing energy-efficient windows, and improving insulation. The company is also investing in smart building systems that enable it to monitor and control energy consumption in real-time, identifying areas for improvement and reducing energy waste.

Vasakronan AB is also committed to reducing its reliance on fossil fuels. The company has set a target to phase out the use of fossil fuels in its properties by 2030. To achieve this goal, Vasakronan AB is investing in new technologies and solutions to reduce its reliance on oil and gas for heating and cooling. The company is exploring the use of renewable energy sources, such as geothermal energy, to provide heating and cooling to its properties.

In addition to its environmental commitments, Vasakronan AB is also committed to social responsibility. The company is a member of the UN Global Compact and has signed the Principles for Responsible Investment. Vasakronan AB is committed to promoting diversity and inclusion in the workplace, and has set a target to achieve gender balance in its management team by 2025. The company is also committed to promoting sustainable communities, investing in projects that support local communities and promote social and environmental sustainability.

In conclusion, Vasakronan AB is a Swedish company that operates in the Multi Asset Class Own & Develop sector. The company is committed to decarbonisation and has set ambitious targets to reduce its carbon footprint. Vasakronan AB is investing in renewable energy and has signed several corporate PPAs to support its transition to a low-carbon economy. The company is also committed to improving the energy efficiency of its buildings and reducing its reliance on fossil fuels. Vasakronan AB is a socially responsible company, committed to promoting diversity and inclusion in the workplace and investing in projects that support sustainable communities.

✓ Science Based Targets member
✓ Declared Net Zero commitment