OUR SUSTAINABILITY WORK

Balder’s framework for sustainability focus on the issues most relevant for the business and that the company has the greatest opportunity to influence. This is manifested in various ways and all employees can contribute.

Our sustainability work is based on global sustainability goals and international frameworks including the United Nations' Sustainable Development Goals (SDGs), the Global Compact and the Task Force on Climate-related Financial Disclosures (TCFD).

Among the global sustainability goals, we have selected six goals that are considered most relevant to the company’s business activities and where the company has the greatest opportunity to have an influence. We also prioritise activities that can reduce the company’s risks in issues of social, climate, environmental as well as financial sustainability.

Five areas

Balder’s framework for sustainability comprises five general elements that bring together the company’s material topics in respect of social, environmental and economic sustainability. Linked to these topics we have also established goals that guide and propel our efforts forward.

Properties

Material topics

  • Energy efficiency and renewable energy sources
  • Greenhouse gas emissions and climate adaptation
  • Environmentally certified properties
  • Minimise waste and increase degree of sorting

 

Goals

  • Energy efficiency improvement 2% per sq.m. and year
  • Reduced water use 2% per sq.m. and year
  • A 50% reduction in absolute CO2e emissions in Scope 1 and Scope 2 by 2030, with 2022 as the base year
  • A 55% reduction in CO2e emissions per square meter of lettable area in Scope 3 by 2030, using 2022 as the base year
  • Reach net-zero greenhouse gas emissions across the value chain by 2045, with 2022 as the base year
  • All newly produced properties must as a minimum fulfil Miljöbyggnad Silver or equivalent certification.
  • Increase the proportion of environmentally certified buildings in Balder’s current property portfolio.

Areas

Material topics

  • Safety and well-being of tenants
  • Area development for social sustainability
  • Responsible, fossil-free transport operations

 

Goals

  • Create jobs for young people in the management organisation
  • Implement initiatives for sustainable travel to and from the properties

Partnerships

Material topics

  • Business ethics and responsible collaboration
  • Social and environmental requirements in supply chain

 

Goals

  • No incidents of corruption
  • No incidents of discrimination

Coworkers

Material topics

  • Good work environment with satisfied employees
  • Diversity and equal opportunity

     

Goals

  • All employees must be trained in the Code of Conduct
  • Encourage environment-friendly travel

Finances

Material topics

  • Long-term financial stability and profitability
  • Green financing

 

Goals

  • Increase the proportion of green financing

Annual and sustainability reports

In our Annual and sustainability reports, we provide more information about our sustainability efforts, activities, goals, and outcomes.