- Higher interest rate environment.
- Geopolitical uncertainty.
- Uncertainty over German and UK economic growth.
- Scope 3 emissions accounting for over 98% of total emissions.
Sirius Real Estate Limited
Greenhouse gas emissions & sustainability report data
By scope: Scope 1: 220.16 tCO2e (Germany); 42.21 tCO2e (UK); Scope 2: 313.78 tCO2e (Germany); 115.03 tCO2e (UK); Scope 3: 80.0K tCO2e (Germany); 5869.12 tCO2e (UK). 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.
Renewable Energy
73% in UK; 99.7% forecasted in Germany
of total energy
📊 Emissions by Scope (2024)
| 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). | 220.16 tCO2e (Germany); 42.21 tCO2e (UK) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 313.78 tCO2e (Germany); 115.03 tCO2e (UK) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 80.0K tCO2e (Germany); 5869.12 tCO2e (UK) |
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 |
|---|---|
| 2022-04-01 to 2023-03-31 | 86.1K tCO2e (Germany) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Maintained net zero emissions in Germany for Scope 1 and 2 emissions.
- Achieved carbon neutrality in the UK for Scope 1 and 2 emissions.
- Set an ambition to reduce Scope 3 carbon emissions intensity per square meter by 45% by 2030.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption in Germany.
- Complete smart meter installation in Germany by 2027.
- Upgrade UK portfolio to EPC B by 2030.
📅 Medium-term
- Reduce Group Scope 3 carbon emissions intensity per square meter by 45% by 2030.
- Achieve net zero for Scope 3 emissions in Germany by 2045.
🔭 Long-term
- Achieve net zero for Scope 3 emissions in UK by 2050.
🌱 ESG Focus Areas
Climate ChangeSocial ImpactGovernance