Vonovia SE, headquartered in Germany, is a leading player in the real estate services industry, specifically focusing on residential property management and development. Founded in 2001, Vonovia has rapidly expanded its operations across major German cities and into select European markets, establishing a strong presence in the housing sector.
The company offers a comprehensive range of services, including property management, construction, and modernisation, which are distinguished by their commitment to sustainability and tenant satisfaction. With a portfolio of over 400,000 residential units, Vonovia is recognised for its innovative approach to housing solutions, making it a key contributor to the European real estate landscape.
As one of the largest residential property companies in Germany, Vonovia has achieved significant milestones, including its successful listing on the Frankfurt Stock Exchange. Its focus on quality living spaces and community development continues to set it apart in a competitive market.
+34 vs industry average
Vonovia’s score of 63 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Vonovia's reported carbon emissions
Vonovia, a real estate services company headquartered in Germany, reported its greenhouse gas (GHG) emissions for various years. In 2025, the company's total GHG emissions were approximately 1,713,899,000 kg CO2e, comprising approximately 530,690,000 kg CO2e for Scope 1, and approximately 270,290,000 kg CO2e for Scope 2 (market-based). Scope 3 emissions for 2025 totalled approximately 904,891,000 kg CO2e.
For 2024, Vonovia's total emissions were around 1,891,414,000 kg CO2e. This included Scope 1 emissions of approximately 539,867,000 kg CO2e and Scope 2 emissions (market-based) of approximately 296,965,000 kg CO2e. Scope 3 emissions for 2024 amounted to approximately 1,054,582,000 kg CO2e.
In 2023, the total emissions were approximately 1,097,614,000 kg CO2e, with Scope 1 at about 508,284,000 kg CO2e and Scope 2 (market-based) at approximately 327,029,000 kg CO2e. Scope 3 emissions for 2023 were reported at approximately 262,301,000 kg CO2e.
Vonovia has established several climate commitments. The company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, compared to a 2021 base year. This target applies to the GHG emissions from its housing stock in Germany, Sweden, and Austria, which constitute approximately 97% of the group's total Scope 1 and 2 emissions in the base year. Additionally, Vonovia is committed to reducing absolute Scope 3 GHG emissions from the categories of "Fuel and energy-related activities," "Use of sold products," and "Downstream leased assets" by 25% by 2030. These Scope 3 categories cover approximately 80% of the total Scope 3 emissions in the base year. These targets are aligned with a 1.5°C warming pathway. The company also has a near-term target to conduct energy-efficient refurbishments on at least 3% of its building stock annually.
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Vonovia’s Climate Goals (2030 & 2050)
1 goal2030
42% reduction in all scopes
Vonovia has also set itself the target of reducing absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 compared to the base year…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Vonovia’s sustainability data and climate commitments
Data year: 2025
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