Crrem Sustainability Profile
Crrem, or the Carbon Risk Real Estate Monitor, is a pioneering initiative headquartered in Austria (AT) that focuses on the intersection of real estate and sustainability. Founded in 2020, Crrem aims to provide innovative solutions for the real estate sector, particularly in Europe, by addressing the urgent need for carbon risk assessment and management. The company offers a unique suite of tools and services designed to help property owners and investors understand and mitigate climate-related risks. By leveraging advanced analytics and data-driven insights, Crrem empowers stakeholders to make informed decisions that align with sustainability goals. Recognised for its commitment to enhancing transparency in the real estate market, Crrem has quickly established itself as a leader in carbon risk management, contributing significantly to the industry's transition towards a more sustainable future.
DitchCarbon Score
How does Crrem'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 Research 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
Crrem's score of 26 is lower 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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Crrem's reported carbon emissions
As of 2020, CRREM has not disclosed specific carbon emissions data, including Scope 1, 2, or 3 emissions. The organisation's revenue for that year was approximately USD 70 million. In 2019, while specific emissions figures were not provided, the EU commercial real estate sector carbon intensity pathway indicated a carbon intensity of about 114,000 kg CO2e per square metre of revenue. CRREM has not established any formal reduction targets or commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of disclosed emissions data and reduction initiatives suggests that CRREM is still in the early stages of developing its climate strategy. The organisation operates from Austria (AT) and is focused on addressing carbon emissions within the commercial real estate sector, but further details on specific commitments or future targets are currently unavailable.
How Carbon Intensive is Crrem's Industry?
How Carbon Intensive is Crrem's Location?
Crrem'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.
Crrem 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.
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