Cpi Property Sustainability Profile
CPI Property Group, commonly referred to as CPI PG, is a leading real estate investment company headquartered in Luxembourg (LU). Established in 2004, the firm has rapidly expanded its footprint across Central and Eastern Europe, focusing on key markets such as the Czech Republic, Poland, and Germany. Specialising in the acquisition, development, and management of commercial properties, CPI PG distinguishes itself through a diverse portfolio that includes office spaces, retail centres, and residential developments. The company is recognised for its commitment to sustainability and innovative property solutions, positioning itself as a market leader in the real estate sector. With a strong emphasis on quality and tenant satisfaction, CPI Property Group continues to achieve significant milestones, solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does Cpi Property'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
Cpi Property's score of 62 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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Cpi Property's reported carbon emissions
In 2023, CPI Property Group, headquartered in Luxembourg (LU), reported total carbon emissions of approximately 602,642,860 kg CO2e. This figure includes Scope 1 emissions of about 45,690,610 kg CO2e, Scope 2 emissions of approximately 86,497,980 kg CO2e (market-based), and significant Scope 3 emissions totalling around 470,454,260 kg CO2e. CPI Property Group has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030 from a 2019 base year. Additionally, the company targets a 27.5% reduction in all other Scope 3 emissions by the same year. Notably, CPI Property Group is committed to transitioning to 100% renewable electricity by 2024, which encompasses both Scope 1 and Scope 2 emissions. The company’s initiatives align with the Science Based Targets initiative (SBTi), which classifies its targets as consistent with limiting global warming to well below 2°C. These commitments reflect a comprehensive approach to sustainability within the real estate sector, focusing on significant reductions across all scopes of emissions.
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| 2018 | 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 27,691,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 101,856,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 340,788,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Cpi Property's Industry?
How Carbon Intensive is Cpi Property's Location?
Cpi Property's Scope 3 Categories Breakdown
Cpi Property's Scope 3 emissions, which decreased by 17% last year and increased by approximately 38% since 2018, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 78% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 53% of Scope 3 emissions.
Top Scope 3 Categories
Cpi Property'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.
Cpi Property has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Cpi Property's sustainability data and climate commitments
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