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Befimmo, a prominent Belgian real estate investor and operator, specialises in high-quality property assets. Established in 1995 and listed on Euronext Brussels in 1997, its headquarters are strategically located in Belgium. The company plays a significant role in the European real estate sector, focusing primarily on office buildings and flexible workspaces.
As a leading provider of comprehensive real estate solutions, Befimmo's core offering includes the acquisition, development, and management of office buildings, coworking spaces, and meeting centres. They are renowned for creating sustainable and adaptable environments that anticipate evolving work methodologies, positioning Befimmo as a key innovator in modern commercial property.
+2 vs industry average
Befimmo’s score of 31 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Befimmo, a Belgian real estate services company, reported Scope 1 emissions of 768,340 kg CO2e and Scope 3 emissions of 234,439,100 kg CO2e for 2024. No Scope 2 emissions data was provided for this year. In 2023, the company's Scope 1 emissions were 813,390 kg CO2e and Scope 3 emissions totalled 222,834,200 kg CO2e. For 2022, Befimmo's Scope 1 emissions were 4,597,900 kg CO2e, Scope 2 emissions were 3,100 kg CO2e (market-based), and Scope 3 emissions were approximately 48,613,000 kg CO2e.
Befimmo has set several ambitious climate targets. The company is committed to reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as a base year. This target has been approved by the Science Based Targets initiative (SBTi) for small and medium-sized enterprises (SMEs) and is consistent with limiting global warming to 1.5°C. Additionally, Befimmo aims to reduce absolute Scope 3 GHG emissions (excluding those related to acquisitions) by 30% by 2030, compared to a 2018 baseline. The company also has a long-term aspiration to achieve net-zero carbon by 2050.
2030
50% reduction in Scope 1
This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://science…
2030
50% reduction in Scope 2
This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://science…
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Common questions about Befimmo’s sustainability data and climate commitments
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