Gecina, a leading real estate investment trust (REIT), is headquartered in France and primarily operates in major urban areas across the country. Founded in 1963, Gecina has established itself as a key player in the property sector, focusing on the acquisition, development, and management of office and residential properties. With a diverse portfolio that includes high-quality office spaces and premium residential units, Gecina is renowned for its commitment to sustainability and innovation. The company has achieved notable milestones, including significant investments in eco-friendly developments, positioning itself as a pioneer in the green building movement. As one of the largest property companies in Europe, Gecina continues to enhance its market position through strategic acquisitions and a strong emphasis on customer-centric services, making it a trusted name in the real estate industry.
How does Gecina'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.
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.
Gecina's score of 51 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Gecina reported total greenhouse gas emissions of approximately 10,726,000 kg CO2e, comprising 934,000 kg CO2e from Scope 1, 6,983,000 kg CO2e from Scope 2, and 10,726,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to significantly reduce its carbon footprint, aiming for a 70% reduction in operational CO2 emissions by 2030 from a 2008 baseline. This includes a notable 13.5% reduction achieved in just one year. Gecina is also committed to achieving carbon neutrality by 2050, with interim targets approved by the Science Based Targets initiative (SBTi). Specifically, the company aims to reduce Scope 1 and Scope 2 emissions by 42% by 2030, using 2020 as the base year, while also focusing on measuring and reducing Scope 3 emissions. In addition to these targets, Gecina's sobriety plan has already led to a 10.1% reduction in energy consumption and a 22% decrease in carbon emissions in office buildings where they manage energy-consuming equipment directly. These initiatives reflect Gecina's commitment to sustainable practices within the real estate sector, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 4,399,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 6,895,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 15,798,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Gecina's Scope 3 emissions, which decreased by 4% last year and decreased by approximately 32% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 58% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the primary emissions source at 20% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gecina has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Common questions about Gecina's sustainability data and climate commitments