Tag Tegernsee Immobilien Und Beteiligung

TAG Tegernsee Immobilien Und Beteiligung, a German real estate services company, has committed to several climate targets aimed at reducing its carbon footprint.

For 2025, the company reported Scope 1 emissions of 53,129,400 kg CO2e, Scope 2 emissions (market-based) of 95,363,300 kg CO2e, and Scope 3 emissions of 200,895,100 kg CO2e. This marks an increase compared to 2024, where Scope 1 emissions were 53,919,800 kg CO2e, Scope 2 emissions (market-based) were 94,950,900 kg CO2e, and Scope 3 emissions were 193,314,100 kg CO2e.

Looking back, in 2023, the company reported Scope 2 emissions of 117,755,800 kg CO2e and Scope 3 emissions of 91,909,800 kg CO2e. In 2022, total reported emissions were 5,498,000 kg CO2e, including Scope 1 emissions of 1,965,000 kg CO2e, Scope 2 emissions (market-based) of 2,705,000 kg CO2e, and Scope 3 emissions of 827,000 kg CO2e.

TAG Tegernsee Immobilien Und Beteiligung has set several ambitious reduction targets:

• Near-term targets:
  • By 2025, the company aims to reduce its carbon footprint in its German portfolio to approximately 28 kg CO2e per sqm (Scope 1 and 2), representing about a 10% reduction from the 2019 baseline.
  • By 2030, a further reduction in Scope 1 and Scope 2 emissions of approximately 30% compared to the 2019 baseline is planned, targeting approximately 22.0 kg CO2e per sqm annually.
  • The company also aims for a 40% absolute reduction in Scope 1 and Scope 2 emissions by 2030, in line with the German government's Climate Action Plan.
• Long-term targets:
  • By 2045, the company aims to reduce total CO2 emissions in its portfolio to below 7 kg CO2e per sqm (Scope 1 and 2) to contribute to the 1.5-degree target.
  • The company is also committed to achieving a nearly climate-neutral building stock in the long term, by 2050.