Patrizia

Patrizia's latest reported carbon emissions data covers the period up to 2024. In 2024, the company's total emissions were approximately 2,974,000 kg CO2e. This total is comprised of approximately 2,010 kg CO2e from Scope 1 emissions, approximately 488,000 kg CO2e from Scope 2 emissions, and approximately 2,484,000 kg CO2e from Scope 3 emissions. Scope 3 emissions were largely driven by purchased goods and services (approximately 2,062,000 kg CO2e) and business travel (approximately 422,000 kg CO2e).

In the preceding year, 2023, Patrizia reported total emissions of approximately 2,996,000 kg CO2e. This included approximately 2,310 kg CO2e for Scope 1, approximately 563,000 kg CO2e for Scope 2, and approximately 2,431,000 kg CO2e for Scope 3 emissions. The breakdown for Scope 3 in 2023 showed approximately 2,130,000 kg CO2e from purchased goods and services and approximately 301,000 kg CO2e from business travel.

Patrizia has established several significant climate commitments. By 2030, the company aims to achieve net zero carbon status for its own operations. Furthermore, all new real estate developments are targeted to be net zero carbon by 2030. Patrizia also has a long-term ambition to achieve net zero carbon status across its corporate operations and directly held assets portfolio by 2040, with a commitment to execute this as swiftly as external and stakeholder requirements permit.

For earlier years, comprehensive emissions data was not fully disclosed in the same format. For 2022, total emissions were reported at approximately 419,709,000 kg CO2e, though a detailed breakdown by scope was not available. Similarly, for 2021, total emissions were approximately 443,312,000 kg CO2e, and for 2019, total emissions were approximately 149,607,000 kg CO2e, with specific scope data not provided for these years. Patrizia operates in the financial intermediation services sector, excluding insurance and pension funding services. The company is headquartered in Germany.