Covivio
Covivio, formerly known as Foncière des Régions, is a leading European real estate company headquartered in Paris, France. Established in 1963, Covivio has evolved into a prominent player in the property investment sector, with significant operations across France, Germany, and Italy. The company focuses on three main business areas: office spaces, residential properties, and hotels, offering innovative solutions that enhance user experience and sustainability. Covivio is recognised for its commitment to high-quality developments and strategic asset management, which has positioned it as a trusted partner in the real estate market. With a diverse portfolio that includes iconic buildings and sustainable projects, Covivio continues to achieve notable milestones, reinforcing its status as a key influencer in the European real estate landscape.
DitchCarbon Score
How does Covivio'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 Financial Intermediation 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
Covivio's score of 45 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Covivio's reported carbon emissions
In 2023, Covivio reported total carbon emissions of approximately 7.5 million tonnes CO2e, with 2.04 million tonnes from Scope 1, 5.5 million tonnes from Scope 2, and no emissions reported from Scope 3. This marks a significant increase from previous years, where emissions were around 6.9 million tonnes CO2e in 2022. Covivio has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 63% by 2030, using 2015 as the base year. Additionally, the company targets a 37.5% reduction in Scope 3 emissions, which include those from purchased goods and services as well as downstream leased assets, also by 2030. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Covivio's proactive approach to managing its carbon footprint reflects its commitment to sustainability within the real estate sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 6,290,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 14,952,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 433,298,000 | 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.
Covivio is committed to some reduction initiatives 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.
