Deutsche Wohnen

Deutsche Wohnen's climate commitments and emissions data show efforts towards carbon reduction, with some data points cascaded from its parent company, Vonovia SE.

In 2021, Deutsche Wohnen reported total emissions of approximately 320.6 million kg CO2e. This included about 94.2 million kg CO2e from Scope 1 emissions, primarily from stationary combustion, and approximately 168.7 million kg CO2e from Scope 2 (market-based), largely from purchased heat. Scope 3 emissions in 2021 were about 57.7 million kg CO2e, with fuel and energy-related activities accounting for approximately 49.9 million kg CO2e.

Looking back, in 2020, total emissions were higher, at around 345.7 million kg CO2e. Scope 1 emissions were approximately 102.4 million kg CO2e, and Scope 2 (market-based) emissions were about 173.3 million kg CO2e. Scope 3 emissions stood at roughly 70.0 million kg CO2e in the same year.

Deutsche Wohnen has set ambitious reduction targets:

• The company aims to achieve carbon neutrality in its operations (Scope 1 and Scope 2) by 2025.
• It plans to reduce its direct (Scope 1) emissions by 30% from 2020 levels by 2030.
• Indirect (Scope 2) emissions are targeted for a 25% reduction from 2020 levels by 2030.
• Deutsche Wohnen also has a long-term goal of being climate neutral across all scopes by 2040, a target that appears to be cascaded from Vonovia SE, Deutsche Wohnen's ultimate parent company.
• The company is also committed to achieving virtually carbon-neutral operations across all sectors by 2050, aligning with the Paris climate goals, with this target cascaded from its ultimate parent, Vonovia SE.