Covivio, formerly known as Foncière des Régions, is a leading European real estate company headquartered in France. Established in 1998, Covivio has evolved into a prominent player in the property investment sector, with significant operations across France, Germany, and Italy. The company focuses on developing and managing high-quality office spaces, residential properties, and hotels, distinguished by their sustainable design and innovative features.
With a commitment to enhancing urban living, Covivio has achieved notable milestones, including a robust portfolio that reflects its strategic vision for sustainable development. The company is recognised for its strong market position, consistently ranking among the top real estate firms in Europe. Covivio's unique approach to property management and development not only meets the evolving needs of tenants but also contributes to the broader goal of creating vibrant, sustainable communities.
+28 vs industry average
Covivio’s score of 63 is higher than 77% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Covivio's reported carbon emissions
Covivio, headquartered in France, is committed to reducing its carbon emissions and has set ambitious climate targets. **Carbon Emissions Data:** In 2025, Covivio reported Scope 1 emissions of approximately 11.8 million kg CO2e and Scope 2 emissions of about 7.9 million kg CO2e. For 2024, Scope 1 emissions were approximately 10.2 million kg CO2e, with Scope 2 emissions at around 12.9 million kg CO2e. In 2023, Covivio's emissions included Scope 1 at approximately 2.1 million kg CO2e and Scope 2 at approximately 3.0 million kg CO2e. Significant Scope 3 emissions were also reported, with purchased goods and services contributing about 2.9 million kg CO2e, fuel and energy-related activities at approximately 157.9 million kg CO2e, and capital goods at around 201.7 million kg CO2e. For 2022, total emissions were approximately 64.3 million kg CO2e, comprising Scope 1 at about 1.5 million kg CO2e, Scope 2 at roughly 3.5 million kg CO2e, and Scope 3 at approximately 59.2 million kg CO2e. In 2021, total emissions were around 48.6 million kg CO2e, with Scope 1 at about 2.2 million kg CO2e, Scope 2 at approximately 2.4 million kg CO2e, and Scope 3 at roughly 44.0 million kg CO2e. **Climate Commitments and Reduction Targets:** Covivio has committed to aligning its directly managed activities with a 1.5°C trajectory, aiming for a "Net Zero Carbon" contribution by 2030. This includes a target to reduce absolute Scope 1 and 2 emissions by 63% between 2015 and 2030. Specific targets for 2030 include a 30% reduction in Scope 1 emissions and a 25% reduction in Scope 2 emissions, both from a 2020 baseline. Furthermore, Covivio aims to reduce its absolute Scope 3 GHG emissions from purchased goods and services and downstream leased assets by 37.5% by 2030, using a 2015 baseline. The company is also studying new SBT frameworks to align with a 1.5°C trajectory for Scope 3 emissions related to building use and is working towards a net-zero carbon contribution by 2050. Covivio also has a target to reduce energy consumption by 25% by 2030 (based on a 2019 baseline) for its tertiary assets.
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Covivio’s Climate Goals (2030 & 2050)
7 goals2030
40% reduction in all scopes
aims to reduce its greenhouse gas emissions by 40% by 2030 vs. 2010.
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.
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Scope 3 top emissions categories
6 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 Covivio’s sustainability data and climate commitments
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