- Energy price increases
- Extreme weather events
- Biodiversity loss
- Implementation of CSRD
Covivio
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Covivio disclosed greenhouse gas emissions of 157.9K teqCO2/year (Scope 123). By scope: Scope 1: 1.8K teqCO2/year; Scope 2: 3.0K teqCO2/year; Scope 3: 125.6K teqCO2/year. 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 teqCO2/year (Scope 123)
2023
Renewable Energy
29.7% (electricity)
of total energy
Water Usage
2.8M m3/year
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). | 1.8K teqCO2/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.0K teqCO2/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 125.6K teqCO2/year |
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 teqCO2/year (Scope 123) |
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 by 21% (2019-2023) on the tertiary portfolio
- Reduced water consumption by 12% (2019-2023) on the tertiary portfolio
- 95.3% of buildings certified at the end of 2023 (vs 93.2% in 2022)
- Reduced CO2 emissions by 26% (2010-2023) on the tertiary portfolio
- 100% of buildings delivered or renovated in 2023 benefited from HQE, BREEAM or LEED certification of a level higher than Excellent/Gold
🎯 Climate & Sustainability Targets
🔜 Short-term
- 100% of assets Core green by the end of 2025
- Reduce water consumption below 0.5 m³/m²/year (France), 1 m³/m²/year (Italy), 0.5 m³/m²/year (Germany), 1.5 m³/m²/year (Germany residential), 2 m³/m²/year (Hotels)
📅 Medium-term
- Reduce energy consumption by 25% (2019-2030) on the tertiary portfolio
- Reduce CO2 emissions by 40% (2010-2030) on the tertiary portfolio
🔭 Long-term
- Net zero carbon contribution by 2030 (scopes 1 & 2)
🌱 ESG Focus Areas
Climate ChangeBiodiversityCircular EconomySocialGovernance