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Public Profile
Real Estate Services
DE
updated 19 days ago

Vonovia

Company website

Vonovia SE, headquartered in Germany, is a leading residential property company that operates primarily in the German real estate market. Founded in 2001, Vonovia has rapidly grown to become one of Europe’s largest housing providers, managing a diverse portfolio of over 400,000 residential units across major urban regions. Specialising in the acquisition, development, and management of residential properties, Vonovia is committed to enhancing living standards through innovative housing solutions and sustainable practices. The company’s unique approach includes modernising existing properties and investing in energy-efficient technologies, setting it apart in the competitive real estate sector. With a strong market position, Vonovia has achieved notable milestones, including its listing on the DAX index, reflecting its significant impact on the European housing landscape. As a trusted name in the industry, Vonovia continues to shape the future of residential living in Germany and beyond.

DitchCarbon Score

How does Vonovia'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.

37

Industry Average

Mean score of companies in the Real Estate Services 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.

27

Industry Benchmark

Vonovia's score of 37 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Vonovia's reported carbon emissions

In 2023, Vonovia SE reported total carbon emissions of approximately 1,679,346,000 kg CO2e, with emissions distributed across various scopes: 508,284,000 kg CO2e (Scope 1), 321,259,000 kg CO2e (Scope 2), and 840,804,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2021 baseline. Additionally, it aims for a 25% reduction in Scope 3 emissions, which include emissions from fuel- and energy-related activities, use of sold products, and downstream leased assets, also by 2030. Vonovia's climate strategy includes conducting energy-efficient refurbishments on at least 3% of its building stock annually, a commitment that has been in place since 2018 and is set to continue through 2025. This initiative is part of their broader sustainability efforts to enhance energy efficiency and reduce overall carbon emissions. The company’s emissions data is sourced directly from Vonovia SE, with no cascading from a parent organization. The targets align with the Science Based Targets initiative (SBTi), ensuring that their reduction goals are consistent with the global aim to limit warming to 1.5°C.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
Scope 1
1,014,000
-
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
-
000,000,000
0,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
330,000
0,000,000
0,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vonovia's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Vonovia is in DE, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Vonovia is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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