Hb Reavis

HB Reavis's climate commitments and emissions profile show that in 2022, the company reported total emissions of 210,788,000 kg CO2e. This includes Scope 1 emissions of 2,056,000 kg CO2e, Scope 2 market-based emissions of 27,617,000 kg CO2e, and Scope 3 emissions of 181,114,000 kg CO2e. This represents a decrease from their 2021 emissions, which totalled 218,613,000 kg CO2e, including Scope 1 emissions of 2,706,000 kg CO2e, Scope 2 market-based emissions of 12,159,000 kg CO2e, and Scope 3 emissions of 203,748,000 kg CO2e.

HB Reavis has set ambitious Science Based Targets initiative (SBTi) commitments, cascaded from its parent company, HB Reavis Holding S.A. These targets include a near-term commitment to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030 from a 2021 base year. The company also commits to measuring and reducing its Scope 3 emissions. For the long term, HB Reavis is committed to reaching net-zero by 2050, which includes a 90% reduction in Scope 1, 2, and 3 emissions by 2050 from a 2021 base year. HB Reavis Holding S.A.'s near-term targets for Scope 1 emissions are currently on track.