- Supply chain disruptions due to multiple crises (war in Ukraine, energy crisis, climate change, extreme weather events, inflation).
- Meeting the disclosure obligations stipulated in the CSRD and ESRS.
IMMOFINANZ Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, IMMOFINANZ Group disclosed greenhouse gas emissions of 208.9K tCO2e (market-based). By scope: Scope 1: 18.2K tCO2e; Scope 2: 21.6K tCO2e (market-based); Scope 3: 169.1K tCO2e. 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
208.9K tCO2e (market-based)
2023
Renewable Energy
47.4% (total energy consumption)
of total energy
Water Usage
2.0M m3
2023
Waste
38.2K tons
2023
Energy Use
714.4K MWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 18.2K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 21.6K tCO2e (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 169.1K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 208.9K tCO2e (market-based) |
| 2022 | 176.0K tonnes CO2e |
| 2021 | 2.0M tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas intensity of the property portfolio by almost 50% in 2023 compared to 2019 (target was 32.4% by 2030).
- Around 70% of electricity procured from renewable sources in 2023 (aiming for 100% by 2024).
- Installed photovoltaic systems with a total capacity of approximately 3,400 KWp in 2023.
- Introduced a Group-wide standardized Supplier Code of Conduct in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 100% of electricity procurement from renewable energy sources by the end of 2024.
📅 Medium-term
- Reduce energy intensity of the property portfolio by 10% by 2030.
- Reduce water intensity of the property portfolio by 10% by 2030.
- Waste recycling rate of 55% by the end of 2025, increase rate to 60% by 2030.
- 60% STOP SHOP rooftops equipped with photovoltaic systems by 2030.
🔭 Long-term
- Reduction of greenhouse gas intensity of the property portfolio by 32.4% by 2030.
🌱 ESG Focus Areas
EnvironmentSocialGovernance