Covivio S.A. Sustainability Profile
Covivio S.A., a prominent player in the real estate sector, is headquartered in Italy and operates extensively across Europe, particularly in France, Germany, and Italy. Founded in 1963, the company has established itself as a leader in property investment and development, focusing on office, residential, and hotel assets. Covivio is renowned for its innovative approach to sustainable real estate, offering unique solutions that enhance the quality of life for tenants while promoting environmental responsibility. With a strong market position, Covivio has achieved notable milestones, including a significant portfolio expansion and recognition for its commitment to sustainability. The company continues to shape urban landscapes, making it a key contributor to the evolving real estate industry in Europe.
DitchCarbon Score
How does Covivio S.A.'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
Covivio S.A.'s score of 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Covivio S.A., headquartered in Italy, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not outlined any documented reduction targets or climate pledges, which suggests a lack of formal commitments to specific emissions reductions at this time. As a current subsidiary of Covivio, the company may inherit climate-related initiatives and targets from its parent organisation. However, no specific data or targets have been cascaded from Covivio regarding Science-Based Targets Initiative (SBTi) or other climate frameworks. In the context of the real estate and investment sector, it is increasingly important for companies like Covivio S.A. to establish clear climate commitments and reduction strategies to align with global sustainability goals. Without specific emissions data or reduction initiatives, the company may face challenges in demonstrating its commitment to addressing climate change and reducing its carbon footprint.
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Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 815,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,144,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | - | - | 000,000,000 | 000,000,000 | - | 0,000,000 | 000,000,000 |
How Carbon Intensive is Covivio S.A.'s Industry?
How Carbon Intensive is Covivio S.A.'s Location?
Covivio S.A.'s Scope 3 Categories Breakdown
Covivio S.A.'s Scope 3 emissions, which increased significantly last year and decreased by approximately 1% since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 53% of Scope 3 emissions.
Top Scope 3 Categories
Covivio S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Covivio S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
