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.
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 32 is higher than 55% 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 Scope 1 emissions at about 2,748,000 kg CO2e, Scope 2 emissions at around 3,253,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 76,661,000 kg CO2e. This represents an increase from 2023, when total emissions were about 55,813,000 kg CO2e, with Scope 1 at approximately 2,473,000 kg CO2e, Scope 2 at about 3,226,000 kg CO2e, and Scope 3 at around 50,114,000 kg CO2e. Cofinimmo has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. This target is aligned with the Science Based Targets initiative (SBTi) and reflects the company's commitment to sustainable practices within the real estate sector. Additionally, Cofinimmo is dedicated to measuring and reducing its Scope 3 emissions, which are often the most challenging to address. The company has also pledged to achieve net-zero emissions by 2050, reinforcing its long-term commitment to environmental sustainability. Notably, Cofinimmo's carbon footprint has decreased from 715 tonnes CO2e in 2014 to 600 tonnes CO2e in 2017, marking a 16% reduction over that period. Cofinimmo's emissions data and reduction targets are not cascaded from any parent organization, ensuring that their commitments and performance are independently reported.
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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 |
Industry emissions intensity
Location emissions intensity
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.
