Hiag Immobilien Holding Sustainability Profile
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.
DitchCarbon Score
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.
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
Hiag Immobilien Holding's score of 36 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hiag Immobilien Holding's reported carbon emissions
In 2024, HIAG Immobilien Holding reported total carbon emissions of approximately 38,000,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions were about 1,772,000 kg CO2e, while Scope 2 emissions totalled around 401,000 kg CO2e. The most substantial impact came from Scope 3 emissions, which reached approximately 34,514,000 kg CO2e, primarily driven by capital goods (about 19,988,000 kg CO2e) and the use of sold products (around 5,000,000 kg CO2e). In 2023, HIAG's emissions were lower, totalling about 2,638,000 kg CO2e, with Scope 1 at approximately 1,292,000 kg CO2e, Scope 2 at around 363,000 kg CO2e, and Scope 3 at about 988,000 kg CO2e. This indicates a commitment to reducing emissions over time. HIAG has set ambitious long-term 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 proactive approach to sustainability and its alignment with industry standards for climate action. Overall, HIAG Immobilien Holding is actively working towards significant emissions reductions and has established clear targets to guide its climate commitments.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 2,396,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 471,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 1,914,000 | 00,000 | 000,000 | 00,000,000 |
How Carbon Intensive is Hiag Immobilien Holding's Industry?
How Carbon Intensive is Hiag Immobilien Holding's Location?
Hiag Immobilien Holding's Scope 3 Categories Breakdown
Hiag Immobilien Holding's Scope 3 emissions, which increased significantly last year and increased significantly since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 58% of Scope 3 emissions.
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Hiag Immobilien Holding'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.
Hiag Immobilien Holding has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
