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 46 is higher than 70% 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 includes 18,189,000 kg CO2e from Scope 1 emissions, 24,491 kg CO2e from Scope 2 emissions (with a market-based total of 21,629,000 kg CO2e), and 169,074 kg CO2e from Scope 3 emissions. Notably, the company achieved a significant reduction in greenhouse gas emissions, decreasing its market-based emissions by about 44.1% compared to the baseline year of 2019 for both Scope 1 and Scope 2 emissions. In 2022, the total emissions were approximately 242,815,000 kg CO2e, with Scope 1 emissions at 18,134,000 kg CO2e, Scope 2 emissions at 26,407 kg CO2e (market-based total of 23,472,000 kg CO2e), and Scope 3 emissions at 201,208 kg CO2e. This indicates a downward trend in emissions over the years. Immofinanz has set ambitious targets, aiming for a reduction of about 50% in greenhouse gas intensity compared to the recalibrated baseline of 2019 by 2023. The company is committed to transparency and has disclosed emissions across all relevant scopes, demonstrating a proactive approach to climate commitments. The emissions data is sourced directly from Immofinanz AG, with no cascading from a parent or related organization.
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| 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 13,788,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 42,601,000 | - | 00,000,000 | 00,000,000 |
| Scope 3 | 317,472 | - | 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.
