Gecina Sustainability Profile
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 51 is higher than 70% 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 marked 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, Scope 2 at 8,121,000 kg CO2e, and Scope 3 at 11,128,000 kg CO2e. Gecina has set ambitious climate commitments, aiming for carbon neutrality by 2050. The company has established a near-term target to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2020 as the base year. Additionally, Gecina is committed to measuring and reducing its Scope 3 emissions. In the short term, Gecina aims to drastically reduce operational CO2 emissions by 70% since 2008, with a notable reduction of 13.5% achieved in just one year. The company has also implemented a sobriety plan that has successfully reduced energy consumption by 10.1% and carbon emissions by 22% in office buildings where it directly manages energy-consuming equipment. These initiatives reflect Gecina's commitment to sustainable practices within the real estate sector, aligning with industry standards for climate action.
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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 |
How Carbon Intensive is Gecina's Industry?
How Carbon Intensive is Gecina's Location?
Gecina's Scope 3 Categories Breakdown
Gecina's Scope 3 emissions, which decreased by 4% last year and decreased by approximately 32% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the primary emissions source at 20% of Scope 3 emissions.
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Gecina'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.
Gecina has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
