ESG Reporting

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Heimstaden is dedicated to ensuring quality reporting and we are continuously building organisational capacity and strengthening data quality and availability.

Heimstaden’s Sustainability reporting is prepared and reported in accordance with the Global Reporting Initiative (GRI) standards and includes climate-related disclosures in line with TCFD recommendations. The Greenhouse Gas Protocol (GHG) is applied when calculating greenhouse gas emissions.

Heimstaden Bostad received a CDP score of B for FY 2021, higher than the group average of land and property developers.

Reporting Standards

Global Reporting Initiative (GRI)

Heimstaden’s Annual Sustainability Report for 2021 is prepared and reported in accordance with the Global Reporting Initiative (GRI) standards. We have identified the following material GRI areas to report on: Economic performance, anti-corruption, tax, energy, greenhouse gas emissions, waste, employment, occupational health and safety, human rights and, and local community.

Task Force on Climate-related Financial Disclosures (TCFD)

The aim of TCFD’s recommendations is to provide investors with information about the risks and opportunities that a transition to a society with lower carbon emissions and a changing climate entail. TCFD’s recommendations are categorised into four areas: governance, strategy, risk- and opportunities management as well as metrics and targets. Heimstaden follows TCFD’s recommendations and divides climate-related risks into two main categories: transition risks and physical risks.

EU Taxonomy

During 2021, we concluded the share of Heimstaden Bostad’s revenues, capex and opex that are eligible for the EU taxonomy. We have also prepared our organisation to track our alignment with the EU taxonomy during 2022 and started climate risk and vulnerability assessments at property level.

CDP

CDP is the world’s largest survey of corporations’ ambitions on climate change and environmental protection. By participating, companies provide investors with an objective view on how well they are dealing with climate change.

Read more on CDP's homepage

Read Heimstaden Bostad’s 2021 CDP report

Read Heimstaden Bostad’s 2020 CDP report

Sustainalityics

Sustainalytics is a widely respected evaluator of ESG and has validated Heimstaden Bostad's efforts towards mitigating climate change by giving us an improved ESG rating year-by- year, despite a stricter evaluation method every year. Heimstaden Bostad's ESG Risk rating for the year 2021 is 11.7, which places us in the 'Low Risk' category, building credibility and legitimacy towards our sustainability work.

Read Heimstaden Bostad’s 2021 Sustainalytics Report


Download: Key Sustainability Statistics