Icade

Icade's reported carbon emissions

Icade, a real estate services company headquartered in France, reported total emissions of approximately 353,350,000 kg CO2e in 2024. This figure encompasses Scope 1 emissions of roughly 2,000 kg CO2e, Scope 2 emissions of approximately 2,081,000 kg CO2e (market-based), and Scope 3 emissions of around 351,257,000 kg CO2e. The company has set ambitious climate commitments, including a net-zero target for greenhouse gas emissions across its value chain by 2050, using 2019 as a base year. For the near term, Icade aims to reduce absolute Scope 1 and 2 GHG emissions by 55% by 2030 and absolute Scope 3 GHG emissions by 27.5% within the same timeframe. Long-term targets include a 90% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2050, also from a 2019 baseline. More recent commitments in 2026 indicate a target to reduce absolute Scope 1 GHG emissions by 46.2% by 2030 from a 2019 base year. Similarly, absolute Scope 2 GHG emissions are targeted for a 46.2% reduction by 2030 from a 2019 base year. For Scope 3, specific reductions are targeted: a 46.2% reduction in emissions from business travel, employee commuting, use of sold products, and end-of-life treatment of sold products by 2030 from a 2019 base year. Additionally, embodied Scope 3 GHG emissions of new buildings are targeted for a 33.6% reduction by 2030 from a 2022 base year. Intensity-based targets include a 61.0% reduction per square meter in in-use operational GHG emissions of owned and leased buildings by 2030.