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 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.
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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 is aimed at contributing to global efforts to limit temperature rise to 1.5°C. Cofinimmo's emissions have seen a reduction trend, with a notable decrease from 715 tonnes CO2e in 2014 to 600 tonnes CO2e in 2017, representing a 16% reduction over that period. The company is also focused on measuring and reducing its Scope 3 emissions, which include indirect emissions from business travel, employee commuting, and purchased goods and services. Overall, Cofinimmo is actively working towards enhancing its sustainability practices and reducing its carbon footprint in the real estate sector, with a clear commitment to significant emissions reductions by 2030.
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| 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| 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
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.
