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European Climate Pact

Overview

Location

France

Sector

Real estate

Organisation type
Business

Company Information

Covivio is a global company covering all stages of the real estate value chain. The company has its headquarter in Metz, France und has 1,028 employees in Europe. In 2021 they reported a rental income of 888 million Euro.

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Covivio has a target to reduce absolute scopes 1 and 2 CO2e emissions 63% by 2030 from a base year of 2015

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an initiative in place to drive GHG emission-reduction through a company policy or behavioral change
  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings
  • Covivio has a target to increase the percentage of buildings with a green building certificate to 100% in 2025 from a base year of 54% in 2018

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (22/07/2022)

Data source: CDP Climate Change 2022