Inmobiliaria Colonial Sustainability Profile
Inmobiliaria Colonial, often referred to as Colonial, is a leading real estate investment company headquartered in Spain. Established in 1909, the firm has evolved to become a prominent player in the European property market, with significant operations in major cities such as Madrid, Barcelona, and Paris. Specialising in the acquisition, development, and management of prime office and residential properties, Colonial is recognised for its commitment to sustainability and innovation in urban development. With a robust portfolio that includes high-quality assets in key metropolitan areas, Inmobiliaria Colonial has achieved notable milestones, including its listing on the Spanish stock exchange. The company’s focus on modernising its properties and enhancing tenant experiences sets it apart in the competitive real estate landscape, solidifying its position as a trusted name in the industry.
DitchCarbon Score
How does Inmobiliaria Colonial'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
Inmobiliaria Colonial's score of 68 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Inmobiliaria Colonial's reported carbon emissions
Inmobiliaria Colonial, SOCIMI, S.A., headquartered in Spain, reported a total of approximately 34.4 million kg CO2e in 2024. This figure comprises 1,882,000 kg CO2e from Scope 1 emissions, 4,960,000 kg CO2e from Scope 2 emissions, and 27,578,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 50% reduction in Scope 1 and Scope 2 emissions by 2030, using 2018 as the base year. Additionally, Inmobiliaria Colonial aims to measure and reduce its Scope 3 emissions as part of its climate strategy. In 2023, the total emissions reported were approximately 46.5 million kg CO2e, with Scope 1 emissions at 1,803,000 kg CO2e and Scope 2 emissions at 6,192,000 kg CO2e. The Scope 3 emissions for that year were significant, amounting to 38,489,000 kg CO2e. The company’s commitment to sustainability is further evidenced by its alignment with the Science Based Targets initiative (SBTi), which validates its reduction targets as consistent with the goal of limiting global warming to 1.5°C. Inmobiliaria Colonial's proactive approach to measuring and managing its carbon footprint reflects its dedication to environmental responsibility within the real estate sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 758,000 | 000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 8,631,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,937,000 | - | - | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Inmobiliaria Colonial's Industry?
How Carbon Intensive is Inmobiliaria Colonial's Location?
Inmobiliaria Colonial's Scope 3 Categories Breakdown
Inmobiliaria Colonial's Scope 3 emissions, which decreased by 28% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 102% of Scope 3 emissions.
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Inmobiliaria Colonial'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.
Inmobiliaria Colonial has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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