Mercialys

As a real estate services company headquartered in France, Mercialys's commitment to climate action is demonstrated through its ambitious Science Based Targets initiative (SBTi) goals. While specific absolute emissions data for recent years is not available in the provided information, Mercialys has set clear targets to reduce its greenhouse gas (GHG) emissions intensity.

Climate Commitments and Reduction Targets:

Mercialys has established comprehensive near-term and long-term climate targets aligned with the 1.5°C pathway. These commitments are detailed through various SBTi entries, indicating a strong focus on decarbonisation across its operations and value chain.

• Near-Term Targets (by 2030, from a 2017 base year):

  • A reduction of 47% in Scope 1 and 2 GHG emissions intensity per square meter.
  • A reduction of 46% in Scope 3 GHG emissions intensity from downstream leased assets per square meter.
  • A reduction of 26% in Scope 3 GHG emissions intensity from waste generated in operations per tonne of waste.
  • A reduction of 26% in absolute Scope 3 GHG emissions from business travel.
  • Mercialys also commits to reducing Scope 1, 2, and 3 in-use operational GHG emissions of owned and leased buildings, covering downstream leased assets, by 62.8% per m² by 2030 from a 2017 base year.
  • Additionally, a reduction of 32.5% in absolute Scope 3 GHG emissions from capital goods, upstream transportation and distribution, and waste generated in operations is targeted within the same timeframe.

• Long-Term Targets (by FY2050, from a 2017 base year):

  • Mercialys commits to reaching net-zero greenhouse gas emissions across its value chain by FY2050.
  • A significant reduction of 92.8% in Scope 1, 2, and 3 in-use operational GHG emissions of owned and leased buildings, covering downstream leased assets, per square meter by FY2050.
  • A commitment to reduce all remaining absolute Scope 3 GHG emissions by 90% within the same timeframe.

Emissions Data Context:

The provided emissions data primarily consists of intensity metrics for Scope 1 and 2 emissions, measured in relation to revenue, surface area, and employees, for the years 2015 through 2020. Specific absolute figures for Scope 1, 2, or 3 emissions are not publicly disclosed in the given data.

• 2020: Intensity figures included are approximately 51.6 kg CO2e per unit of revenue (location-based) and 17.8 kg CO2e per m² (market-based for surface area).
• 2019: Intensity figures were approximately 49.5 kg CO2e per unit of revenue (location-based) and 19.5 kg CO2e per m² (market-based for surface area).
• 2018: Intensity figures were approximately 47.6 kg CO2e per unit of revenue (location-based) and 20.1 kg CO2e per m² (market-based for surface area).
• 2017: Intensity figures included are approximately 54.7 kg CO2e per unit of revenue (location-based) and 21.5 kg CO2e per m² (market-based for surface area).
• 2016: Intensity figures were approximately 56.0 kg CO2e per unit of revenue (location-based) and 21.8 kg CO2e per m² (market-based for surface area).
• 2015: Intensity figures were approximately 52.1 kg CO2e per unit of revenue (location-based) and 23.3 kg CO2e per m² (market-based for surface area).

Mercialys's strategy appears focused on intensity reductions and absolute emissions reductions in specific areas of its value chain, aiming for a significant decarbonisation journey towards net-zero.