Heimstaden Bostad Sets New Targets to Limit Global Warming to 1.5°C
Heimstaden AB's subsidiary, Heimstaden Bostad has set new sustainability targets and will invest SEK 5 billion to reduce the company’s greenhouse gas emissions by at least 46% by 2030, in line with the Paris Agreement ambition to limit global warming to 1.5°C.In January 2021, Heimstaden Bostad was one of the first pan-European residential real estate companies to commit to the Science Based Targets initiative (SBTi) and, after a thorough internal process and review of the operational and economic ramifications of raising its ambitions, the company is pleased to announce new climate targets: