- Market downturn impacting institutional buyers
- Increased financing costs due to rising interest rates
- Scope 3 emissions increase due to increased project completion and refurbishment
Instone Real Estate Group SE
Greenhouse gas emissions & sustainability report data
In its 2023-01 to 2023-06 reporting, Instone Real Estate Group SE disclosed greenhouse gas emissions of 2.1K tCO2e (Scope 1 & 2 in 2022). By scope: Scope 3: 429.5K tCO2e (2022). 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
2.1K tCO2e (Scope 1 & 2 in 2022)
2023-01 to 2023-06
📊 Emissions by Scope (2023-01 to 2023-06)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 429.5K tCO2e (2022) |
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 |
|---|---|
| 2023-01 to 2023-06 | 2.1K tCO2e (Scope 1 & 2 in 2022) |
| 2021 | 147.8K t CO2e (Scope 3) / 3456 t CO2e (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Scope 1 and 2 emissions reduced by 19.5% vs. base year 2020 (in line with SBTI requirements) through gradual conversion from construction sites to green electricity and replacement of company vehicles with electric vehicles
- 94.2% of individual buildings contributing to Instone 2022 revenues are taxonomy aligned
🎯 Climate & Sustainability Targets
📅 Medium-term
- 100% of project/object portfolio in 2030 to meet NZEB - 10% requirement
- At least 50% share of revenues with affordable housing (social / subsidized / nyoo ) by 2030
- GHG emissions / scope 1 and 2 reduced by -42% (2030 vs. 2020)
🔭 Long-term
- Net zero climate neutrality by 2045
🌱 ESG Focus Areas
Climate changeSocial impactGovernance