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 54 is higher than 98% 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 carbon emissions of approximately 1,480,472,000 kg CO2e. This includes Scope 1 emissions of about 934,000 kg CO2e, Scope 2 emissions of approximately 6,983,000 kg CO2e, and Scope 3 emissions of around 10,726,000 kg CO2e. Compared to 2022, where total emissions were about 1,579,117,000 kg CO2e, Gecina has made strides in reducing its carbon footprint. Gecina has set ambitious climate commitments, aiming for carbon neutrality by 2050. In the near term, the company targets a 70% reduction in operational CO2 emissions by 2030, based on 2008 levels, with a notable reduction of 13.5% achieved in just one year. Additionally, Gecina has committed to a 42% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2020 baseline, while also focusing on measuring and reducing Scope 3 emissions. The company's initiatives include a sobriety plan that 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 efforts align with industry standards for climate action and demonstrate Gecina's commitment to sustainability in the real estate sector.
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 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gecina is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.