Public Profile

Cofinimmo

Cofinimmo, officially known as Cofinimmo SA, is a prominent player in the real estate investment sector, headquartered in Belgium. Established in 1983, the company has carved a niche in the healthcare and residential property markets, focusing on the acquisition, development, and management of high-quality real estate assets across Europe. With a diverse portfolio that includes nursing homes, hospitals, and residential properties, Cofinimmo stands out for its commitment to sustainable development and long-term value creation. The company has achieved significant milestones, including a strong market position as one of the leading real estate investment trusts (REITs) in Belgium. Cofinimmo's strategic approach and expertise in the healthcare sector have solidified its reputation as a trusted partner in the industry.

DitchCarbon Score

How does Cofinimmo'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.

30

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.

24

Industry Benchmark

Cofinimmo's score of 30 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

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Cofinimmo's reported carbon emissions

In 2022, Cofinimmo reported total carbon emissions of approximately 689,000 kg CO2e, with Scope 1 emissions accounting for about 316,000 kg CO2e and Scope 3 emissions at approximately 373,000 kg CO2e. Notably, there were no reported Scope 2 emissions. The company has set ambitious targets to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects a strategic approach to addressing climate change. Cofinimmo's emissions have seen a reduction from about 715 tonnes CO2e in 2014 to approximately 600 tonnes CO2e in 2017, marking a 16% decrease over that period. The company is actively working to measure and reduce its Scope 3 emissions, which include indirect emissions from business travel and employee commuting. Overall, Cofinimmo's climate commitments demonstrate a proactive stance in managing its carbon footprint, with a clear focus on achieving significant reductions in the coming years.

Unlock detailed emissions data

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201620172018202020212022
Scope 1
26,218,000
00,000,000
00,000,000
000,000
000,000
000,000
Scope 2
28,956,000
00,000,000
00,000,000
-
-
-
Scope 3
-
00,000,000
00,000,000
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cofinimmo's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cofinimmo is in BE, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Cofinimmo is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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