Grand City Properties, a leading player in the real estate industry, is headquartered in Berlin, Germany, with a strong presence across major European cities. Founded in 2004, the company has established itself as a prominent property management and investment firm, focusing primarily on residential and commercial real estate. Specialising in the acquisition, development, and management of properties, Grand City Properties is recognised for its commitment to quality and sustainability. The firm’s unique approach combines innovative design with a deep understanding of market dynamics, ensuring that their offerings meet the evolving needs of tenants and investors alike. With a robust portfolio and a reputation for excellence, Grand City Properties has achieved significant milestones, positioning itself as a trusted name in the real estate sector. Their dedication to enhancing urban living continues to drive their success in the competitive property market.
How does Grand City Properties'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.
Grand City Properties's score of 42 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Grand City Properties reported total carbon emissions of approximately 122.2 million tonnes CO2e. This figure includes 9.2 million tonnes from Scope 1 emissions, 21.2 million tonnes from Scope 2 emissions, and about 124.9 million tonnes from Scope 3 emissions, which primarily consist of purchased goods and services. Over the years, the company has seen fluctuations in its emissions. For instance, in 2022, total emissions were around 149.3 million tonnes CO2e, with Scope 1 and 2 emissions contributing approximately 29.7 million tonnes. In 2021, emissions reached about 182 million tonnes CO2e, indicating a significant reduction in 2023. Despite these figures, Grand City Properties has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. The company operates within an industry context that increasingly prioritises sustainability and carbon footprint reduction, yet it currently lacks formal commitments to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 2,111,000 | 0,000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 2 | 5,728,000 | 0,000,000 | 00,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
Scope 3 | 44,605,640 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Grand City Properties 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.