Hiag Immobilien Holding AG, commonly referred to as Hiag, is a prominent player in the real estate sector, headquartered in Germany. Established in 2006, the company has rapidly expanded its operations across key regions, focusing on the development and management of commercial and residential properties. Specialising in value-added real estate investments, Hiag distinguishes itself through its innovative approach to property development and asset management. The firm is recognised for its commitment to sustainability and urban regeneration, which enhances its market position within the competitive landscape. With a portfolio that includes diverse properties and strategic partnerships, Hiag Immobilien Holding has achieved notable milestones, solidifying its reputation as a leader in the real estate industry. The company continues to drive growth through its unique offerings and dedication to creating long-term value for its stakeholders.
How does Hiag Immobilien Holding'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.
Hiag Immobilien Holding's score of 36 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, HIAG Immobilien Holding reported total carbon emissions of approximately 38,000,000 kg CO2e, with emissions distributed across various scopes: 1,772,000 kg CO2e (Scope 1), 401,000 kg CO2e (Scope 2), and a significant 34,514,000 kg CO2e (Scope 3). The Scope 3 emissions primarily stem from capital goods (about 19,988,000 kg CO2e) and the use of sold products (approximately 5,000,000 kg CO2e). In 2023, the company recorded total emissions of about 2,638,000 kg CO2e, with Scope 1 emissions at 1,292,000 kg CO2e, Scope 2 at 363,000 kg CO2e, and Scope 3 at 988,000 kg CO2e. This indicates a substantial increase in emissions from 2023 to 2024, particularly in Scope 3. HIAG has set ambitious climate commitments, aiming for an 85% reduction in Scope 1 emissions per square metre of energy-based floor area (EBF) by 2035, using 2021 as a baseline. Additionally, the company has pledged to achieve net-zero emissions for both Scope 1 and Scope 2 by 2050. These targets reflect HIAG's commitment to sustainability and align with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that HIAG is independently reporting its carbon footprint and climate initiatives.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 2,396,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 618,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 1,914,000 | 00,000 | 000,000 | 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.
Hiag Immobilien Holding is not participating in any 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.