- Methodological issues with CRREM (overly general asset-type pathways and requiring tenant electricity data)
- Uncertainty as national-level implementation of the EPBD commences
- Data protection limitations in the EU regarding tenant electricity data
Grand City Properties
Greenhouse gas emissions & sustainability report data
By scope: Scope 3: 322 tonnes CO2e (employee commuting) + 556 tonnes CO2e (teleworking) in 2023. 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.
Waste
13.6K tonnes (2023); 8575 tonnes (2022)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 322 tonnes CO2e (employee commuting) + 556 tonnes CO2e (teleworking) in 2023 |
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 |
|---|---|
| 2022 | 130.7K t CO2e/year (Scope 1+2+3) |
| 2021 | 170.8K tCO2e/year (Scope 1+2+3) |
| 2020 | 45.6K tCO2e/year |
| 2019 | 46.6K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 13% decrease in like-for-like landlord-obtained electricity consumption compared to 2022
- 8% decrease in like-for-like waste generation in volume [m3] in 2023 compared to 2022
- Saved 5.3 tons of CO2 emissions in 2023 through GoGreen Plus
🎯 Climate & Sustainability Targets
🔜 Short-term
- Implement asset-level physical climate risk assessments in 2024
- Implement tailored adaptation solutions over the coming years
- Relaunch the digital performance review tool in 2024, aiming for 60% adoption
📅 Medium-term
- 40% reduction in CO2 intensity and a 20% reduction in energy intensity by 2030
- Transition to certified renewable electricity through PPAs by 2027
- Become one of the top ten most attractive employers by 2030
🔭 Long-term
- Climate neutrality by 2050 (aligned with EU's ambitious climate goals)
- Maintain zero human rights violations and uphold high standard of business partner scrutiny
🌱 ESG Focus Areas
Climate Change Mitigation and Environmental ProtectionTenant Wellbeing and Community EngagementEmployment and SkillsDiversity, Equity and InclusionSustainability GovernanceHuman Rights and Ethics