Immofinanz Sustainability Profile
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 65% 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 39.99 million kg CO2e. This figure includes Scope 1 emissions of about 18.19 million kg CO2e, Scope 2 emissions of approximately 21.63 million kg CO2e, and Scope 3 emissions of about 169,074 kg CO2e. The company achieved a significant reduction in greenhouse gas emissions, decreasing its market-based emissions by 44.1% compared to the baseline year of 2019 for both Scope 1 and Scope 2 emissions. In 2022, the total emissions were approximately 41.81 million kg CO2e, with Scope 1 emissions at about 18.13 million kg CO2e and Scope 2 emissions at approximately 23.47 million kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, with a reported reduction in emissions intensity of nearly 50% since the recalculated baseline of 2019. Immofinanz's climate commitments reflect a proactive approach to sustainability, focusing on both absolute and intensity-based reduction targets across its operations. The data presented is not cascaded from any parent organization, indicating that these figures are independently reported by Immofinanz AG.
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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 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 317,472 | - | 000,000 | 000,000 |
How Carbon Intensive is Immofinanz's Industry?
How Carbon Intensive is Immofinanz's Location?
Immofinanz's Scope 3 Categories Breakdown
Immofinanz's Scope 3 emissions, which decreased by 16% last year and decreased by approximately 47% since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Fuel and Energy Related Activities" being the largest emissions source at 58221% of Scope 3 emissions.
Top Scope 3 Categories
Immofinanz'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.
Immofinanz 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.
