Leg Immobilien

LEG Immobilien, a real estate services company based in Germany, reported total carbon emissions of approximately 558,223,000 kg CO2e in 2024. This included Scope 1 emissions of 234,416,000 kg CO2e, Scope 2 market-based emissions of 78,805,000 kg CO2e, and Scope 3 emissions of 245,001,000 kg CO2e. For Scope 3, significant contributors were downstream leased assets (159,938,000 kg CO2e) and fuel and energy-related activities (85,064,000 kg CO2e).

In 2023, LEG Immobilien's total carbon emissions were approximately 567,200,000 kg CO2e, comprising Scope 1 emissions of 240,219,000 kg CO2e, Scope 2 market-based emissions of 82,026,000 kg CO2e, and Scope 3 emissions of 244,956,000 kg CO2e.

Looking back to 2019, the company reported total emissions of approximately 717,863,000 kg CO2e, with Scope 1 at 295,830,000 kg CO2e, Scope 2 market-based at 131,947,000 kg CO2e, and Scope 3 at 870,258,000 kg CO2e.

LEG Immobilien has set ambitious climate commitments, with near-term Science Based Targets Initiative (SBTi) validated targets. The company commits to reduce absolute Scope 1 and 2 GHG emissions by 47% by 2030 from a 2019 base year. Furthermore, LEG Immobilien aims to reduce absolute Scope 3 GHG emissions from fuel and energy-related activities and downstream leased assets by 27.5% within the same timeframe. These targets are consistent with reductions required to keep global warming to 1.5°C.