Patrizia AG, commonly referred to as Patrizia, is a leading European real estate investment company headquartered in Augsburg, Germany. Founded in 1984, Patrizia has established a strong presence across major operational regions, including Germany, the UK, and various parts of Europe. The firm specialises in real estate investment management, focusing on residential, commercial, and logistics properties. With a commitment to sustainable investment practices, Patrizia offers a unique blend of core products and services, including asset management and investment advisory. The company is recognised for its innovative approach to real estate, which has positioned it as a trusted partner for institutional investors. Notable achievements include significant growth in assets under management, reflecting its strong market position and expertise in the real estate sector.
How does Patrizia'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.
Mean score of companies in the Financial Intermediation 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.
Patrizia's score of 42 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Patrizia reported total carbon emissions of approximately 95,703,000 kg CO2e, with Scope 1 emissions at about 23,783,000 kg CO2e and Scope 2 emissions at around 71,920,000 kg CO2e. The company also disclosed Scope 3 emissions, which were equal to its Scope 2 emissions, indicating a significant impact from its value chain. Patrizia has set ambitious climate commitments, aiming to reduce the carbon intensity of its portfolio by 49% by 2030 for both Scope 1 and Scope 2 emissions. This target reflects the company's proactive approach to sustainability and its commitment to mitigating climate change impacts. In previous years, emissions were reported as follows: in 2022, total emissions were approximately 184,542,000 kg CO2e; in 2021, they were about 47,903,000 kg CO2e; and in 2019, specific emissions data was not disclosed. Patrizia's focus on reducing carbon intensity demonstrates its dedication to achieving a more sustainable future in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | 00,000,000 | 00,000,000 |
Scope 2 | - | 000,000,000 | 00,000,000 |
Scope 3 | 36,212,000 | 000,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Patrizia is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.