Immofinanz
Immofinanz AG, a prominent player in the European real estate sector, is headquartered in Vienna, Austria. Founded in 1990, the company has established a strong presence across key operational regions, including Central and Eastern Europe. Specialising in commercial and residential properties, Immofinanz focuses on the development, investment, and management of high-quality real estate assets. With a diverse portfolio that includes shopping centres, office buildings, and residential developments, Immofinanz distinguishes itself through its commitment to sustainability and innovative design. The company has achieved notable milestones, such as expanding its footprint in major cities and enhancing its market position as a leading property developer. Immofinanz continues to shape the real estate landscape, driven by a vision of creating value through strategic investments and exceptional property management.
DitchCarbon Score
How does Immofinanz'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
Immofinanz's score of 26 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Immofinanz's reported carbon emissions
In 2023, Immofinanz reported total carbon emissions of approximately 208,891,000 kg CO2e. This figure includes 18,189,000 kg CO2e from Scope 1 emissions, 21,629,000 kg CO2e from Scope 2 emissions, and a significant 169,074,000 kg CO2e from Scope 3 emissions. The company's emissions have shown fluctuations over the years. For instance, in 2022, total emissions were about 242,815,000 kg CO2e, with Scope 1 at 18,134,000 kg CO2e, Scope 2 at 23,472,000 kg CO2e, and Scope 3 at 201,208,000 kg CO2e. In 2019, the total emissions peaked at approximately 373,862,000 kg CO2e, with Scope 1 at 13,788,000 kg CO2e, Scope 2 at 42,601,000 kg CO2e, and Scope 3 at 317,472,000 kg CO2e. Despite these figures, there are currently no disclosed reduction targets or climate pledges from Immofinanz. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other reduction commitments. This lack of formal targets may reflect a broader industry context where many companies are still developing their climate strategies. Overall, while Immofinanz has made strides in tracking its emissions, the absence of reduction targets indicates an opportunity for further commitment to climate action.
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Add to project| 2018 | 2019 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 298,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 381,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 103,646,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Immofinanz 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.
