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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.
63
DitchCarbon score
+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
High
Real Estate Services has above-average carbon intensity
Industry performance
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Vonovia's reported carbon emissions
Vonovia, a real estate services company headquartered in Germany, is committed to reducing its carbon footprint.
Carbon Emissions Data:
- 2025: Total emissions were approximately 1.79 billion kg CO2e. This comprises about 530.7 million kg CO2e for Scope 1, approximately 270.3 million kg CO2e for Scope 2 (market-based), and about 904.9 million kg CO2e for Scope 3.
- 2024: Total emissions amounted to approximately 1.89 billion kg CO2e. Scope 1 emissions were around 539.9 million kg CO2e, Scope 2 (market-based) were approximately 297 million kg CO2e, and Scope 3 emissions were about 1.05 billion kg CO2e.
- 2023: Total emissions were approximately 1.1 billion kg CO2e, with Scope 1 at about 508.3 million kg CO2e and Scope 2 (market-based) at approximately 327 million kg CO2e. Scope 3 data for this year is partially missing, with specific values for "purchased goods and services" and "capital goods" not detailed.
- 2022: Total emissions were approximately 1.77 billion kg CO2e, including Scope 1 at about 547.1 million kg CO2e and Scope 2 (market-based) at approximately 355.1 million kg CO2e. Scope 3 emissions were around 814.2 million kg CO2e, with notable contributions from downstream leased assets (approximately 520.9 million kg CO2e) and fuel and energy-related activities (approximately 223.8 million kg CO2e). Purchased goods and services data for Scope 3 was missing.
- 2021: Total emissions were approximately 1.37 billion kg CO2e. Scope 1 emissions were about 469 million kg CO2e, and Scope 2 (market-based) were approximately 403 million kg CO2e. Key Scope 3 categories reported include downstream leased assets (approximately 327.5 million kg CO2e) and fuel and energy-related activities (approximately 109.5 million kg CO2e). Purchased goods and services data for Scope 3 was missing.
- 2020: Total emissions were approximately 904.2 million kg CO2e for Scope 1 and 2 combined. Scope 1 emissions were around 487.1 million kg CO2e, and Scope 2 emissions (primarily purchased electricity) were approximately 417.2 million kg CO2e. Scope 3 data included downstream leased assets (approximately 35.1 million kg CO2e) and fuel and energy-related activities (approximately 113.3 million kg CO2e). Purchased goods and services and capital goods data for Scope 3 were missing.
- 2019: Total emissions were approximately 38.5 million kg CO2e, with Scope 1 at about 24.4 million kg CO2e and Scope 2 (market-based) at approximately 3.1 million kg CO2e. Scope 3 emissions included fuel and energy-related activities (approximately 4.3 million kg CO2e) and business travel (approximately 1 million kg CO2e). Purchased goods and services and capital goods data for Scope 3 were missing.
- 2018: Total emissions were approximately 29.3 million kg CO2e, comprising Scope 1 of about 21.9 million kg CO2e and Scope 2 (market-based) of approximately 1.2 million kg CO2e. Scope 3 emissions included fuel and energy-related activities (approximately 3.8 million kg CO2e) and business travel (approximately 0.7 million kg CO2e). Purchased goods and services and capital goods data for Scope 3 were missing.
- 2017: Total emissions were approximately 27.6 million kg CO2e, with Scope 1 at about 21.2 million kg CO2e and Scope 2 (market-based) at approximately 1.3 million kg CO2e. Scope 3 emissions included fuel and energy-related activities (approximately 3.8 million kg CO2e) and business travel (approximately 0.3 million kg CO2e). Purchased goods and services and capital goods data for Scope 3 were missing.
- 2016: Total emissions were approximately 15.1 million kg CO2e, with Scope 1 at about 14.5 million kg CO2e and Scope 2 (market-based) at approximately 2 million kg CO2e. Scope 3 emissions data were not reported for this year.
Climate Commitments and Reduction Targets:
Vonovia has set ambitious climate targets aligned with a 1.5°C pathway. These include:
- By 2030:
- A reduction of absolute Scope 1 and 2 greenhouse gas emissions by 42% compared to the 2021 base year. This target covers the housing stock in Germany, Sweden, and Austria.
- A reduction of absolute Scope 3 greenhouse gas emissions by 25% from the categories "Fuel and energy-related activities," "Use of sold products," and "Downstream leased assets." These categories represent approximately 80% of total Scope 3 emissions in the base year.
- Ongoing Initiatives: Vonovia continues to conduct energy-efficient refurbishments on at least 3% of its building stock annually.
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Vonovia’s Climate Goals (2030 & 2050)
3 goals2030
42% reduction in Scope 2
On track42%
2030
42% reduction in Scope 1
Behind target42%
2030
25% reduction in scope 3 downstream
Behind target25%
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Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Vonovia5 months ago
63
Frequently asked questions
Common questions about Vonovia’s sustainability data and climate commitments
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