Climate and environment

Magnolia Bostad's sustainability work
During 2025, Magnolia Bostad has taken several important steps to embed sustainability at the core of our business. A new sustainability policy, strengthened processes and more comprehensive data are creating more consistent, traceable and efficient governance throughout the entire development process. This work aims to combine sustainability and business value in a powerful way — with faster analysis, clearer priorities and ways of working that deliver measurable impact.

The new sustainability policy clarifies the requirements and responsibilities at every phase of the project process. In practice, this means that sustainability requirements are built into all Phase 1 and Phase 2 agreements, with the contractor responsible for implementation, documentation and verification.

The Miljöbyggnad certification system is a central part of how we monitor our projects, ensuring that they are developed in line with our climate and quality targets. Energy efficiency and climate impact are governed through requirements on energy performance and climate calculations, covering both life cycle stages A1–A5 and the building's whole life cycle. Magnolia Bostad assures quality through energy calculations, testing and installation tests, and brings in external specialists where needed in the later stages of a project. Biodiversity and land use are managed through green space factors, plant choices that promote ecosystem services, and design principles set out in our framework specifications. Social sustainability is strengthened through risk assessments at acquisition, requirements for design that fosters safety and security, and the vetting of subcontractors in accordance with the Bank Initiative.

Magnolia Bostad's greenhouse gas inventory has been carried out by 2050 Consulting and follows the three current standards within the GHG Protocol: The Corporate Standard, The Corporate Value Chain (Scope 3) Standard and the Technical Guidance for Calculating Scope 3 Emissions. Under the protocol, a consolidation approach must be established, either the Equity Share Approach or the Control Approach, the latter being divided into the Financial Control Approach and the Operational Control Approach. The choice of consolidation approach determines how emissions from owned companies are consolidated. Magnolia Bostad applies the Operational Control Approach, which means that greenhouse gas emissions are classified as direct when they arise from the company's own operations — for example, through the leasing of vehicles or the operation of rented premises. Reporting is continuously improved as data collection develops, with the aim of ensuring accurate and transparent data over the long term. Magnolia Bostad considers that primarily 12 of the UN's 17 Sustainable Development Goals are relevant to our operations, or that our operations have an impact on the goal. For the goals we have identified as relevant, we report the sub-targets we consider to be affected.

Science-based target
We have adjusted the base year 2021 for better comparability and more accurate figures. Magnolia Bostad's base year 2021 emissions for scope 1 and scope 2 together are now 122 tCo₂e, the emissions for 2024 are for scope 1 and scope 2 at 337 tCo₂e, i.e. a significant increase. The increase is mainly due to more investment properties and the fact that we did not have access to electricity certificates for these. The investment properties were sold during the year, so the emissions are calculated for part of the year. Scope 3 emissions are for 2021 at 24,202 tCo₂e and for 2024 at 104,375 tCo₂e. The large increase in scope 3 emissions is because Magnolia Bostad completed a large number of residential units in 2024. Climate accounting, see Magnolia Bostad's annual report 2024.