Lar España Real Estate SOCIMI

Sustainability Report and Carbon Intensity Rankings

Is Lar España Real Estate SOCIMI doing their part?

Their DitchCarbon score is 59

Lar España Real Estate SOCIMI has a DitchCarbon Score of 59 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing sustainability efforts.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Lar España Real Estate SOCIMI is part of the real estate sector, which has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Lar España Real Estate SOCIMI operates in Spain, where the carbon intensity is rated as low, indicating a cleaner energy mix. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
4.81%

...this company is doing 4.81% better in emissions than the industry average.

Lar España Real Estate SOCIMI S.A., founded in 2014 and headquartered in Madrid, operates in the real estate sector as a Spanish REIT. The company specializes in owning, operating, and renting commercial property assets, with a portfolio exceeding EUR 1.4 billion. Managed by Grupo Lar, Lar España is recognized for its active management strategy and has received accolades such as the EPRA ‘Gold Award’ for its quality of information within the industry.

emission intelligence's platform recommendations for Lar España Real Estate SOCIMI

Lar España Real Estate SOCIMI should undertake a detailed inventory of all Scope 2 emissions sources, establish reduction targets tailored to each type of purchased energy, and improve their monitoring and reporting systems to better track progress and uncover additional reduction opportunities, which could potentially lower their emissions by 25%.

Bad news, Lar España yet to commit to SBTi targets

Lar España Real Estate SOCIMI has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not defined or announced clear goals to reduce greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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