ICADE SA

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2019-2022, 2015

In its 2023 reporting, ICADE SA disclosed greenhouse gas emissions of 17.0K tonnes CO2e (market-based). By scope: Scope 1: 89 tCO2e; Scope 2: 4.5K tCO2e; Scope 3: 12.5K 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
17.0K tonnes CO2e (market-based)
2023
⚡
Renewable Energy
49% (Commercial Property Investment, market-based)
of total energy
💧
Water Usage
309.5K m3 (like-for-like)
2023
♻️
Waste
3.1K tonnes (like-for-like)
2023
⚙️
Energy Use
292.2K MWh fe (final energy like-for-like)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).89 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.4.5K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).12.5K 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 periodHeadline emissions figure reported
202317.0K tonnes CO2e (market-based)
201513.6K tonnes CO2e (2015)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce Commercial Property Investment Division's carbon intensity by 60% between 2019 and 2030.
  • Reduce Property Development Division's carbon intensity by 41% between 2019 and 2030.
  • Reduce Corporate GHG emissions by 30% between 2019 and 2030.
  • Rewild 100% of business parks by 2026.
  • Integrate nature-boosting solutions for 90% of buildings (excluding business parks) by 2026.

📅 Medium-term

  • Adapt 100% of assets most exposed to climate risks by 2030.

🔭 Long-term

  • Achieve net-zero carbon emissions by 2050.

🌱 ESG Focus Areas

Occupant health and well-beingBiodiversity and soil protectionClose local ties and inclusionEmployee skills developmentClimate: 1.5°C pathway and adaptation

⚠️ Challenges & Risks +

  • Pace of progress towards a carbon reduction pathway and alignment with a 1.5°C pathway.
  • Compliance with dispositif Éco Énergie Tertiaire.
  • Impact of climate change on new assets, construction sites and operating assets.
  • Raw material and energy costs.
  • Tighter regulatory requirements regarding land development.
  • Circular economy and preservation of resources.
  • Difficulties in getting suppliers and customers involved in Icade’s CSR efforts.
  • Regulatory instability, damage to the environment, legal claims against Icade.
  • Adapting products and services to new habits and lifestyles.
  • Integrating innovation into products and services and bids for tenders.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI 2021 Universal Standards, GRI Construction and Real Estate Sector Supplement, version 4 (GRI-G4), EPRA Sustainability Best Practices Recommendations Guidelines
Assurance: Mazars