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 43 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 has shown a commitment to transparency by disclosing emissions across all three scopes. In previous years, emissions data indicates a trend of high Scope 3 emissions, with 2018 reporting 103,646,000 kg CO2e, and 2019 showing 317,472,000 kg CO2e. The 2022 emissions were recorded at 242,815,000 kg CO2e, with Scope 3 emissions contributing 201,208,000 kg CO2e. Despite the substantial emissions figures, there are currently no specific reduction targets or climate pledges documented for Immofinanz. The company has not outlined any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. This lack of defined targets may reflect a broader industry context where many real estate firms are still developing comprehensive climate strategies. Overall, while Immofinanz has made strides in emissions reporting, the absence of clear reduction goals highlights an area for potential improvement in their climate commitments.
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| 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 298,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 381,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 103,646,000 | 000,000,000 | 00,000,000 | 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 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.
