- Deteriorating employment relations
- Cyber risk
- Reputational risk
- Technical and commercial risk
- ESG investment risk
- Environmental risks arising from the Group’s business activities
- Covid-19 crisis impact
- Climate change impact on claims
COVEA SGAM
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, COVEA SGAM disclosed greenhouse gas emissions of 8.6K t CO₂ eq (operating property) + 6127.3 t CO₂ eq (investment property). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
8.6K t CO₂ eq (operating property) + 6127.3 t CO₂ eq (investment property)
2021
Water Usage
95.9K m3
2021
Waste
745 tons
2021
Energy Use
86.6M kWh (operating property) + 40723920 kWh (investment property)
2021
✅ Reported Environmental Achievements
- Reduced water consumption by 24.4% in 2021 compared to 2020
- Reduced energy consumption in commercial property (Tertiary Eco Energy project)
- Reduced GHG emissions by 4 tonnes per year by cutting back lighting time at branches
- Over 62,840 m² of operational buildings received a Construction quality label or certification
- Over 68,000 m² received an Operations quality label or certification
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce direct greenhouse gas emissions by 3% per year
📅 Medium-term
- Achieve milestones and global targets set by the COP21 and COP26 agreements for 2024, 2034 and 2050
🔭 Long-term
- Net-zero emissions by 2050
🌱 ESG Focus Areas
Equal opportunitiesKnowledgeRisk preventionRegional developmentEnvironmentGender equalityDisability inclusionLow-carbon strategy