Befimmo Sustainability Profile
Befimmo, a prominent player in the Belgian real estate sector, is headquartered in Brussels, Belgium. Founded in 1998, the company has established itself as a leader in the office property market, focusing on the acquisition, development, and management of high-quality office spaces primarily in Belgium and Luxembourg. Befimmo's portfolio is distinguished by its commitment to sustainability and innovation, offering flexible workspaces that cater to the evolving needs of modern businesses. The company has achieved notable milestones, including a strong market position as a trusted partner for both tenants and investors, underpinned by its dedication to creating value through responsible property management. With a focus on enhancing urban environments, Befimmo continues to set benchmarks in the industry, making it a key player in the European real estate landscape.
DitchCarbon Score
How does Befimmo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Befimmo's score of 62 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Befimmo's reported carbon emissions
In 2024, Befimmo reported total carbon emissions of approximately 228,969,220 kg CO2e, with emissions distributed across various scopes: 691,000 kg CO2e for Scope 1, 612,000 kg CO2e for Scope 2, and a significant 215,938,640 kg CO2e for Scope 3. The previous year, 2023, saw total emissions of about 237,736,670 kg CO2e, indicating a slight reduction. Befimmo has set ambitious climate commitments, aiming to reduce absolute CO2 emissions related to Scope 1 and Scope 2 by 50% by 2030, using 2019 as the base year. This target is part of their broader strategy to achieve net-zero carbon emissions by 2050, encompassing all scopes. These commitments are aligned with the Science Based Targets initiative (SBTi), which has validated their near-term targets for both Scope 1 and Scope 2 emissions. The company has also disclosed its emissions intensity metrics, reporting an average of 20.2 kg CO2e/m² linked to energy consumption in buildings. As part of their sustainability efforts, Befimmo is actively measuring and working to reduce its Scope 3 emissions, which include indirect emissions from their value chain. Overall, Befimmo's proactive approach to carbon management and commitment to significant emissions reductions positions it as a responsible player in the real estate sector, particularly in Belgium.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,900,600 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 8,779,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000 | 000,000 | 000,000 |
| Scope 3 | 24,163,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
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Befimmo's Scope 3 Categories Breakdown
Befimmo's Scope 3 emissions, which increased by 11% last year and increased by approximately 828% since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 96% of Scope 3 emissions.
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Befimmo's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Befimmo has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Befimmo's sustainability data and climate commitments