- Rising interest rates impacting real estate market valuations and investment.
- Risk of rental arrears due to economic uncertainty.
- Vacancy and commercialization risk in peripheral areas.
- Climate change mitigation and adaptation.
- Supply chain disruptions and increased cost of materials.
Gecina SA
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Gecina SA disclosed greenhouse gas emissions of 18.6K tCO2e/year (Scopes 1 2 3.3 and 3.13 climate-adjusted). By scope: Scope 1: 934 tCO2e/year; Scope 2: 7.0K tCO2e/year; Scope 3: 10.7K tCO2e/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
18.6K tCO2e/year (Scopes 1 2 3.3 and 3.13 climate-adjusted)
2023
Renewable Energy
82%
of total energy
Water Usage
0.7 m3/sq.m
2023
Waste
1.7K tons/year
2023
Energy Use
133.0K MWh/year (Scopes 1 and 2) + 110924 MWh/year (Scope 3)
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). | 934 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 10.7K tCO2e/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 | 18.6K tCO2e/year (Scopes 1 2 3.3 and 3.13 climate-adjusted) |
| 2012 | 40.1K tons of CO2 (adjusted) |
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 8.9% (10.1% in buildings where Gecina managed technical energy-consuming equipment directly), leading to a 13.5% reduction in emissions.
- 100% of the operational office portfolio is now certified (HQE™ or BREEAM®).
- More than 1,821 tons of materials reused during stripping or renovation in 2023 on 14 projects.
- 82% of energy purchased from renewable sources.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption of global portfolio to 150 kWhFE/sq.m/year by 2025.
- Reduce carbon performance of global portfolio to 8.5 kgCO2/sq.m/year by 2025.
📅 Medium-term
- Drastically reduce operational emissions by 2030 (CAN0P-2030 plan).
🌱 ESG Focus Areas
Low carbon living and developmentCircular economyBiodiversityWell-being of occupantsHuman capital