Deutsche Wohnen

Deutsche Wohnen's reported carbon emissions

Deutsche Wohnen's most recent reported carbon emissions are from 2021, totalling approximately 57.1 million kg CO2e. This figure encompasses Scope 1, 2, and 3 emissions, with Scope 3 emissions representing the largest portion at approximately 56.2 million kg CO2e. In 2021, Scope 1 emissions were about 370,000 kg CO2e, and Scope 2 emissions, using the market-based method, were approximately 589,000 kg CO2e. In 2020, Deutsche Wohnen reported Scope 1 emissions of about 98.4 million kg CO2e and Scope 2 emissions (market-based) of approximately 176.6 million kg CO2e. Scope 3 emissions were not disclosed for this year. Deutsche Wohnen has set climate targets for the future. The company aims for carbon neutrality in its operations by 2025 for both Scope 1 and Scope 2 emissions. Furthermore, Deutsche Wohnen has committed to reducing its direct emissions (Scope 1) by 30% and its indirect emissions (Scope 2) by 25% from 2020 levels by 2030. Looking further ahead, Deutsche Wohnen's long-term ambition, in line with the Paris Agreement, is to be virtually carbon-neutral by 2050 across Scope 1 and 2 emissions. It is important to note that Deutsche Wohnen SE is a current subsidiary of Vonovia SE, and some of its climate initiatives are cascaded from the ultimate parent organisation. For instance, its SBTi initiatives are sourced from Vonovia SE.