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.
+8 vs industry average
Cofinimmo’s score of 36 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Cofinimmo's reported carbon emissions
In 2024, Cofinimmo reported total carbon emissions of approximately 82.7 million kg CO2e, comprising 2.7 million kg CO2e from Scope 1, 3.3 million kg CO2e from Scope 2, and about 76.7 million kg CO2e from Scope 3 emissions. This marks a significant increase from 2023, where total emissions were approximately 55.8 million kg CO2e, with Scope 1 at 2.5 million kg CO2e, Scope 2 at 3.3 million kg CO2e, and Scope 3 at about 50.1 million 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 aligns with the Science Based Targets initiative (SBTi) and reflects the company's commitment to sustainable practices. Additionally, Cofinimmo is striving for a net-zero society by 2050, indicating a long-term vision for reducing its overall carbon footprint. The company has demonstrated a proactive approach to emissions management, with a focus on measuring and reducing Scope 3 emissions, which are often the most challenging to address. As part of its strategy, Cofinimmo is also committed to reducing energy intensity by 30% by 2030 compared to 2017 levels. Overall, Cofinimmo's emissions data and climate commitments illustrate a clear trajectory towards sustainability, with specific targets aimed at significant reductions in greenhouse gas emissions across all scopes.
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Cofinimmo’s Climate Goals (2030 & 2050)
2 goals2050
Cofinimmo aims for a net-zero society by 2050
Cofinimmo aims for a net-zero society by 2050.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Cofinimmo’s sustainability data and climate commitments
Data year: 2024
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