Public Profile

Grand City Properties

Grand City Properties, a leading real estate investment and management firm, is headquartered in Luxembourg (LU) and operates extensively across Germany. Founded in 2004, the company has established itself as a key player in the residential property sector, focusing on the acquisition, development, and management of residential real estate. With a diverse portfolio that includes over 50,000 residential units, Grand City Properties is renowned for its commitment to quality and sustainability. The firm’s unique approach combines strategic asset management with a strong emphasis on tenant satisfaction, setting it apart in a competitive market. Recognised for its robust growth and innovative practices, Grand City Properties continues to strengthen its market position, making significant contributions to urban development and community enhancement across its operational regions.

DitchCarbon Score

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.

22

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.

15

Industry Benchmark

Grand City Properties's score of 22 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Grand City Properties's reported carbon emissions

In 2023, Grand City Properties reported total carbon emissions of approximately 122,245,000 kg CO2e. This figure includes 9,235,000 kg CO2e from Scope 1 emissions, 21,161,000 kg CO2e from Scope 2 emissions, and 124,858,000 kg CO2e from Scope 3 emissions. Over the years, the company has seen fluctuations in its emissions, with a notable increase from 2022, where total emissions were about 149,265,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). However, it is essential to note that Grand City Properties is actively monitoring its emissions across all scopes, which is a critical step in understanding and managing its carbon footprint. Overall, while Grand City Properties has made strides in tracking its emissions, the absence of defined reduction targets indicates an opportunity for further commitment to climate action.

Unlock detailed emissions data

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Add to project
20162017201820192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grand City Properties's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Grand City Properties is headquartered in LU, which has a rank of very low, indicating very low grid carbon 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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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