CO2 Transparency

Hypoteket Group Sweden AB

Since 2018, Hypoteket has helped thousands of Swedish households to lower their housing costs through a simple and flexible mortgage with low-interest rates. From its beginning, it has included sustainability as the core of its business with the thought of future generations having even better conditions than we have.

On the climate part of its sustainability work, it uses GoClimate's simple business calculator to map its yearly carbon footprint and follow how it has changed during this time. And, it finances climate projects to help others reduce emissions and contribute to our global goal of reducing emissions worldwide.

Through this page, we show a raw and clear view of where Hypoteket's climate work stands. You can see how it has been evolving and where it is going + what gaps still need filling to decouple more and more from carbon emissions.

Read more about how GoClimate's transparency page works here.

Climate Achievements

Ambitious targets

Hypoteket Group Sweden AB has not set reduction targets that meet the criteria. See requirements

Reduced emissions

For 2022, Hypoteket Group Sweden AB reduced emissions by 0.66 tonnes (-6.34%) compared to the year before. See requirements

Financing climate projects

Hypoteket Group Sweden AB supported Gold Standard-certified climate projects corresponding to 100% of its most recent carbon footprint. See requirements

Emissionstonnes CO₂e

The larger emission reductions between both years are related to electricity and heating. This is likely due to emissions per kWh of electricity used being lower in 2022.

Otherwise, emissions did not change significantly for other emissions sources. Indicating that consumption has not changed between both years.

Sharpening GHG emissions inventory As a financial entity, it is recommended that Hypoteket calculates the emissions related to the money it manages. Divesting financial flows from highly emitting activities is one of the most crucial climate actions to take. Thus, tracking how Hypoteket works on the topic is important.

The emissions for 2022 can be compared to

30,089 hours by train

48 hours by plane

4,446 hamburgers

19,564 vegan burgers

Greenhouse Gas Protocol emissions

Source	Description	Share	tCO₂e
Scope 1	Direct emissions from assets owned or controlled by the company	0%	0
Scope 2	Indirect emissions from purchased energy such as electricity or heating	17.25%	1.69
Scope 3	Other indirect emissions upstream and downstream in the value chain	82.75%	8.09

Scope 1 Direct emissions from assets owned or controlled by the company

Scope 2 Indirect emissions from purchased energy such as electricity or heating

Scope 3 Other indirect emissions upstream and downstream in the value chain

Projects financed

Kutch Wind Power Project

For 2022 Hypoteket Group Sweden AB financed this Gold standard project to avoid 9.782 CO₂e. This corresponds to 100% or their emissions for 2022. Read more about the project here.