Patrizia

Patrizia's reported carbon emissions

**Patrizia's Climate Commitments and Emissions Performance** Patrizia, a financial intermediation services provider headquartered in Germany, is actively engaged in climate action with ambitious net-zero targets. **Emissions Overview:** * **2024:** Patrizia reported total emissions of approximately 2,974,000 kg CO2e. This comprised approximately 2,010 kg CO2e of Scope 1 emissions, approximately 488,000 kg CO2e of Scope 2 emissions, and approximately 2,484,000 kg CO2e of Scope 3 emissions. Key Scope 3 categories include business travel (approximately 422,000 kg CO2e) and purchased goods and services (approximately 2,062,000 kg CO2e). * **2023:** In 2023, Patrizia's total emissions were approximately 2,996,000 kg CO2e. Scope 1 emissions stood at approximately 2,310 kg CO2e, Scope 2 emissions at approximately 563,000 kg CO2e, and Scope 3 emissions at approximately 2,431,000 kg CO2e. Purchased goods and services accounted for the largest portion of Scope 3 emissions, at approximately 2,130,000 kg CO2e, followed by business travel at approximately 301,000 kg CO2e. * **2022:** Total emissions for 2022 were approximately 419,709,000 kg CO2e. Detailed scope breakdowns for this year are not available, and there is a missing data point for scope 3/purchased goods and services. * **2021:** The total emissions for 2021 were approximately 443,312,000 kg CO2e. Specific scope data is not provided, and there is a missing data point for scope 3/purchased goods and services. * **2019:** In 2019, Patrizia reported total emissions of approximately 149,607,000 kg CO2e. Comprehensive scope data is not available for this year. **Climate Commitments and Reduction Initiatives:** Patrizia has established several key net-zero targets: * **By 2030:** The company aims to achieve net-zero carbon status for its own operations. * **By 2030:** All new real estate developments are targeted to be net-zero carbon. * **By 2040 (or earlier):** Patrizia aspires to achieve net-zero carbon status across its corporate operations and direct held assets portfolio, with a commitment to accelerate this timeline as external and stakeholder requirements permit. These commitments underscore Patrizia's dedication to integrating sustainability into its business strategy and operations.