Branicks

Branicks's Carbon Emissions and Climate Commitments

Branicks, a real estate services company headquartered in Germany, has demonstrated a commitment to reducing its environmental impact through specific emissions targets and reporting.

Emissions Data:

• 2024: Branicks reported total emissions of approximately 45.2 million kg CO2e. This comprised approximately 223,000 kg CO2e for Scope 1, 187,000 kg CO2e for Scope 2, and 44.8 million kg CO2e for Scope 3 emissions.
• 2023: Total emissions for 2023 were approximately 81.6 million kg CO2e, with Scope 1 at 269,000 kg CO2e, Scope 2 at 483,000 kg CO2e, and Scope 3 at 80.8 million kg CO2e.
• 2022: The company's total emissions in 2022 were approximately 103.9 million kg CO2e, including 347,000 kg CO2e from Scope 1, 813,000 kg CO2e from Scope 2, and 102.7 million kg CO2e from Scope 3.
• 2021: In 2021, Branicks's total emissions stood at approximately 104.4 million kg CO2e, with Scope 1 emissions at 284,000 kg CO2e, Scope 2 at 1.37 million kg CO2e (including 46,000 kg CO2e from purchased heat and 31,000 kg CO2e from purchased electricity), and Scope 3 at 106.6 million kg CO2e.
• 2020: Total emissions for 2020 were approximately 86.6 million kg CO2e, consisting of 288,000 kg CO2e for Scope 1, 1.116 million kg CO2e for Scope 2 (with 13,000 kg CO2e from purchased electricity), and 85.2 million kg CO2e for Scope 3.
• 2018: In 2018, Branicks reported total emissions of approximately 151.5 million kg CO2e, with Scope 1 at 256,000 kg CO2e, Scope 2 at 984,000 kg CO2e, and Scope 3 at 150.3 million kg CO2e.
• 2015: For 2015, total emissions were approximately 62.2 million kg CO2e, including 229,000 kg CO2e for Scope 1 and 61.9 million kg CO2e for Scope 3. Scope 2 emissions were not disclosed for this year.
• 2014: In 2014, total emissions were approximately 71.8 million kg CO2e, with Scope 1 at 244,000 kg CO2e and Scope 3 at 71.5 million kg CO2e. Scope 2 emissions were not disclosed for this year.
• 2013: Branicks reported total emissions of approximately 80.9 million kg CO2e in 2013, comprising 299,000 kg CO2e for Scope 1, 8,000 kg CO2e for Scope 2, and 80.5 million kg CO2e for Scope 3.

Climate Commitments and Reduction Targets:

Branicks has established several climate-related targets:

• A commitment to reduce greenhouse gas (GHG) emissions by 65% by 2030 compared to 1990 levels.
• An intensity target to reduce GHG emissions per square metre (sqm) in its Commercial Portfolio by at least 40% by 2030 compared to the 2018 baseline. This target applies to both Scope 1 and Scope 2 emissions.
• A commitment to reduce GHG emissions in its own operations (excluding the portfolio) by at least 50% by 2035 compared to the 2024 baseline.
• An intensity target to reduce GHG emissions per sqm in its Commercial Portfolio by at least 50% by 2035 compared to the 2024 baseline.

The company's disclosures indicate that for some years, specific Scope 3 categories such as "purchased goods and services" and "capital goods" were not fully reported, and Scope 2 emissions were not disclosed for certain years. Branicks's reporting is not cascaded from a parent organisation.