- Energy crisis leading to increased energy prices
- Extreme weather events
- Biodiversity erosion
- Asset obsolescence
- Managing operating expenses
- Regulatory compliance
- Skills/Attractiveness/Diversity
- Fraud/Corruption/Ethics
- Data protection
Covivio
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Covivio disclosed greenhouse gas emissions of 157.9K tCO2e (Scope 1 & 2) + 201731 tCO2e (Scope 3). By scope: Scope 1: 4.8K tCO2e; Scope 2: 1.8K tCO2e; Scope 3: 125.6K 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
157.9K tCO2e (Scope 1 & 2) + 201731 tCO2e (Scope 3)
2023
Renewable Energy
29.7%
of total energy
Water Usage
2.8M m3
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). | 4.8K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.8K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 125.6K 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 | 157.9K tCO2e (Scope 1 & 2) + 201731 tCO2e (Scope 3) |
| 2022 | 473.6K tCO2e (Scope 1 2 and 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy consumption in the portfolio as a whole by -21% (2019-2023)
- Reduced CO2 emissions by -26% (2010-2023)
- 95.3% of the portfolio has environmental certification
- 29.7% share of green electricity in total electricity consumption
🎯 Climate & Sustainability Targets
🔜 Short-term
- 100% of core assets certified by end of 2025
- Reduce energy consumption by -25% by 2030 (vs 2019)
📅 Medium-term
- Reduce CO2 emissions by -40% by 2030 (vs 2010)
- Reduce water consumption below target thresholds by 2025
🔭 Long-term
- Net zero emissions by 2030 (Scopes 1 & 2)
- Align with Well-Below 2°C scenario by 2030 (Scope 3)
🌱 ESG Focus Areas
Climate ChangeBiodiversitySustainable BuildingsSocietal ImpactSocial ImpactGovernance