Gecina
Gecina, a leading real estate investment trust (REIT), is headquartered in France and primarily operates in major urban areas across the country. Founded in 1963, Gecina has established itself as a key player in the property sector, focusing on the acquisition, development, and management of office and residential properties. With a diverse portfolio that includes high-quality office spaces and premium residential units, Gecina is renowned for its commitment to sustainability and innovation. The company has achieved notable milestones, including significant investments in eco-friendly developments, positioning itself as a pioneer in the green building movement. As one of the largest property companies in Europe, Gecina continues to enhance its market position through strategic acquisitions and a strong emphasis on customer-centric services, making it a trusted name in the real estate industry.
DitchCarbon Score
How does Gecina'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
Gecina's score of 54 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gecina's reported carbon emissions
In 2023, Gecina reported total carbon emissions of approximately 10,726,000 kg CO2e, comprising 934,000 kg CO2e from Scope 1, 6,983,000 kg CO2e from Scope 2, and 10,726,000 kg CO2e from Scope 3 emissions. This represents a significant increase in emissions compared to 2022, where total emissions were about 11,128,000 kg CO2e, with Scope 1 at 2,837,000 kg CO2e and Scope 2 at 8,121,000 kg CO2e. Gecina has set ambitious climate commitments, aiming for carbon neutrality by 2050. The company plans to drastically reduce its operational CO2 emissions by 70% by 2030 from a 2008 baseline, with a notable reduction of 13.5% achieved in just one year. Additionally, Gecina has committed to a 42% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, based on 2020 levels, while also focusing on measuring and reducing Scope 3 emissions. Recent initiatives include a sobriety plan that has already led to a 10.1% reduction in energy consumption and a 22% decrease in carbon emissions in office buildings where Gecina directly manages energy-consuming equipment. These efforts align with Gecina's commitment to sustainability and its participation in the Science Based Targets initiative (SBTi), ensuring that its targets are consistent with the global goal of limiting temperature rise to 1.5°C.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 4,399,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 6,895,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 15,798,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gecina is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
