Generali Real Estate, a prominent player in the global real estate investment sector, is headquartered in Germany (DE) and operates extensively across Europe and Asia. Founded in 2000, the company has established itself as a leader in the real estate industry, focusing on asset management, investment, and development services. With a diverse portfolio that includes residential, commercial, and mixed-use properties, Generali Real Estate is recognised for its innovative approach to sustainable investment and value creation. The firm’s commitment to responsible investment practices has garnered it a strong market position, making it a trusted partner for institutional investors. Notable achievements include significant milestones in portfolio growth and strategic acquisitions, reinforcing its reputation as a key player in the real estate landscape.
How does Generali Real Estate'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.
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.
Generali Real Estate's score of 44 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Generali Real Estate reported total carbon emissions of approximately 91,022,000 kg CO2e, with Scope 1 emissions accounting for about 90,366,000 kg CO2e. The company has shown a reduction in emissions from 2022, where total emissions were about 103,062,000 kg CO2e, primarily driven by a decrease in Scope 1 emissions. In 2022, Generali's Scope 1 emissions were approximately 98,710,000 kg CO2e, while Scope 2 emissions were reported as 0 kg CO2e, indicating no emissions from purchased electricity, steam, heating, and cooling. The absence of Scope 3 emissions in both 2022 and 2023 suggests a focus on direct operational emissions. Despite these reductions, there are currently no publicly disclosed reduction targets or climate pledges from Generali Real Estate, which may limit their long-term climate strategy. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. Overall, Generali Real Estate's emissions data reflects a commitment to monitoring and reducing their carbon footprint, although further transparency regarding specific reduction targets would enhance their climate commitment profile.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 139,534,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 21,183,000 | - | - | 00,000,000 | - | 00,000,000 |
Scope 3 | - | - | - | - | - | 00,000,000 |
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.
Generali Real Estate is not committed to any reduction initiatives 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.