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Public Profile
Real Estate Services
ES
updated 12 days ago

Inmobiliaria Colonial Sustainability Profile

Company website

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.

68

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.

29

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.

81%

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Inmobiliaria Colonial's reported carbon emissions

Inmobiliaria Colonial, SOCIMI, S.A. reported significant carbon emissions for the year 2024, totalling approximately 34,000,000 kg CO2e across all scopes. This includes about 1,882,000 kg CO2e from Scope 1, 4,960,000 kg CO2e from Scope 2, and a substantial 27,578,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by capital goods, which account for about 28,260,000 kg CO2e. For the previous year, 2023, the company recorded total emissions of around 38,489,000 kg CO2e, with Scope 1 emissions at approximately 1,803,000 kg CO2e, Scope 2 at 6,192,000 kg CO2e, and Scope 3 emissions reaching about 38,489,000 kg CO2e. Inmobiliaria Colonial has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the 1.5°C climate goal. The company also plans to measure and reduce its Scope 3 emissions, indicating a comprehensive approach to tackling its overall carbon footprint. The emissions data is not cascaded from any parent organization, ensuring that the figures reflect Inmobiliaria Colonial's direct operational impact. The company continues to focus on sustainability within the real estate sector, demonstrating a proactive stance towards climate change mitigation.

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20172018201920202021202220232024
Scope 1
319,000
-
-
-
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
31,000
-
-
-
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
-
000,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is Inmobiliaria Colonial's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Inmobiliaria Colonial's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Inmobiliaria Colonial's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Inmobiliaria Colonial is in ES, which has a low grid carbon intensity relative to other regions.

Inmobiliaria Colonial's Scope 3 Categories Breakdown

Inmobiliaria Colonial's Scope 3 emissions, which decreased by 28% last year and decreased by approximately 74% since 2021, 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.

Top Scope 3 Categories

2024
Capital Goods
102%
Purchased Goods and Services
43%
Downstream Leased Assets
23%
Fuel and Energy Related Activities
9%
Waste Generated in Operations
4%
Upstream Transportation & Distribution
1%
Business Travel
<1%
Employee Commuting
<1%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Frequently Asked Questions

Common questions about Inmobiliaria Colonial's sustainability data and climate commitments

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