Cofinimmo Sustainability Profile
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.
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
Cofinimmo's score of 44 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cofinimmo's reported carbon emissions
In 2024, Cofinimmo reported total carbon emissions of approximately 82,662,000 kg CO2e, with emissions distributed across all three scopes: 2,748,000 kg CO2e (Scope 1), 3,253,000 kg CO2e (Scope 2), and a significant 76,661,000 kg CO2e (Scope 3). This marks an increase from 2023, when total emissions were about 55,813,000 kg CO2e, comprising 2,473,000 kg CO2e (Scope 1), 3,226,000 kg CO2e (Scope 2), and 50,114,000 kg CO2e (Scope 3). Cofinimmo has set ambitious targets to reduce its carbon footprint, committing to a 50% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2030, using 2018 as the base year. This target aligns with the Science Based Targets initiative (SBTi) and is part of their broader commitment to achieving net-zero emissions by 2050. The company has previously demonstrated a reduction of 16% in its carbon footprint from 2014 to 2017. Cofinimmo's emissions data is not cascaded from any parent organization, and all reported figures are derived directly from their own disclosures. The company continues to focus on measuring and reducing its Scope 3 emissions, which represent the largest portion of its total emissions.
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| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,192,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,529,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 000,000 | 000,000 | 00,000,000 | 00,000,000 |
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Cofinimmo'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.
Cofinimmo 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 Cofinimmo's sustainability data and climate commitments