Nexity

Nexity, a real estate services company headquartered in France, has outlined significant climate commitments and reported its greenhouse gas emissions.

For the 2023 reporting year, Nexity reported Scope 3 emissions of approximately 1.28 billion kg CO2e. In 2022, the company's total emissions were approximately 1.15 billion kg CO2e, comprising Scope 1, Scope 2, and Scope 3 emissions. Scope 1 emissions in 2022 were approximately 5.0 million kg CO2e, primarily from mobile combustion, stationary combustion, and fugitive emissions. Scope 2 emissions for the same year totalled approximately 0.75 million kg CO2e, sourced from purchased steam and electricity. Scope 3 emissions in 2022 were significantly higher, standing at approximately 1.14 billion kg CO2e, with contributions from business travel, employee commutes, purchased goods and services, and waste generated in operations.

Nexity's carbon reduction strategy includes ambitious targets aligned with climate science. The company has committed to reducing absolute Scope 1 and 2 GHG emissions by 46.2% by 2030, using 2019 as a baseline year. Additionally, Nexity aims to reduce absolute Scope 3 GHG emissions from specific categories, including purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, use of sold products, and end-of-life treatment of sold products, by 36.4% by 2030, also from a 2019 baseline. These targets are classified as 1.5°C pathways by the Science Based Targets initiative (SBTi). Furthermore, Nexity is committed to the long-term objective of contributing to global neutrality by 2050.