Kaufman And Broad

Kaufman And Broad's reported carbon emissions

Kaufman & Broad, a construction work company headquartered in France, has established significant climate commitments and emissions reduction targets. For the reporting year 2024, the company reported approximately 900,000 kg CO2e for Scope 1 and 2 emissions. This follows emissions of approximately 1,000,000 kg CO2e in 2023, approximately 1,100,000 kg CO2e in 2022, approximately 1,200,000 kg CO2e in 2021, approximately 1,380,000 kg CO2e in 2020, and approximately 1,420,000 kg CO2e in 2019. Kaufman & Broad has set ambitious targets to combat climate change. The company commits to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46.2% by FY2030, using FY2019 as the base year. This aligns with the Science Based Targets initiative (SBTi) and is classified as a 1.5°C aligned target. Furthermore, Kaufman & Broad aims to reduce its Scope 3 GHG emissions, specifically from purchased goods and services, the use of sold products, and the end-of-life treatment of sold products, by 46.2% within the same timeframe. Beyond these, a separate commitment aims to reduce Scope 1 and 2 GHG emissions by 28% by 2030, also from a 2019 base year, which is classified as "Well-below 2°C". There is also a commitment to reduce Scope 3 GHG emissions from purchased goods and services, the use of sold products, and end-of-life treatment of sold products by 22% per square meter within the same timeframe, also based on a 2019 reference year. Additionally, Concerto, a logistics subsidiary of Kaufman & Broad, has committed to ensuring that all its new real estate projects tend towards carbon neutrality by 2040. The target boundary for these emissions reductions includes land-related emissions and removals from bioenergy feedstocks.