Epp

Epp, a real estate services company headquartered in the Netherlands, reported its latest emissions data for 2024. The company's total greenhouse gas emissions in 2024 were approximately 170.9 million kg CO2e. This includes Scope 1 emissions of about 179.1 million kg CO2e, Scope 2 market-based emissions of roughly 40.6 million kg CO2e, and Scope 3 emissions of approximately 128.1 million kg CO2e. In 2023, Epp's total emissions were about 215.8 million kg CO2e, comprising roughly 85.7 million kg CO2e for Scope 1, approximately 52.2 million kg CO2e for Scope 2 (market-based), and around 161.8 million kg CO2e for Scope 3. For 2022, total emissions were about 250.7 million kg CO2e, with Scope 1 at roughly 2.2 million kg CO2e, Scope 2 (market-based) at about 60.8 million kg CO2e, and Scope 3 at approximately 388.8 million kg CO2e. In 2019, Epp's total emissions were about 276.9 million kg CO2e, with Scope 1 emissions around 3,000 kg CO2e, Scope 2 market-based emissions at roughly 79.6 million kg CO2e, and Scope 3 emissions at approximately 193.5 million kg CO2e.

Epp has set ambitious climate commitments, with all targets validated by the Science Based Targets initiative (SBTi). The company is committed to reaching net-zero greenhouse gas emissions across its entire value chain by FY2050. This long-term goal includes reducing absolute Scope 1 and 2 GHG emissions by 90% by FY2050 from a FY2019 base year. Additionally, Epp commits to reducing absolute Scope 3 GHG emissions by 90% within the same FY2019-FY2050 timeframe.

For near-term targets, Epp aims to reduce absolute Scope 1 and 2 GHG emissions by 50% by FY2030 from a FY2019 base year. The company also commits to reducing absolute Scope 3 GHG emissions from fuel and energy-related activities and downstream leased assets by 30% within the same FY2019-FY2030 timeframe. These targets demonstrate Epp's dedication to significant emissions reductions in alignment with a 1.5°C global warming scenario.