Alstria office REIT-AG

Office REITs
AOX.DE
€ 3.5 (0.29)%
Share price
$ 0.67 bn
Market Cap
$ 2.9 bn
Enterprise Value

Carbon footprint

0.01 Ton
GHG emissions per $ 1 mln investment
0x the weighted average for S&P 500
FY2020
How is this calculated?
-15%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Alstria office REIT-AG's GHG emissions (market-based) (Kt of CO2e)
Alstria office REIT-AG's Carbon intensity (Tons per 1 USDm)

Alstria office REIT-AG's carbon footprint

Alstria office REIT-AG reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 0.04 Kt (-0.0071 /-14.8% y-o-y). At the same time, carbon intensity remained unchnaged at 0.2 t.

Alstria office REIT-AG's Scope 3 emissions plummeted to 22 Kt (-7.8 /-26.4% y-o-y). The decline accelerated compared to the CAGR of -15.1% since 4Q'18.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Alstria office REIT-AG also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Germany-based real estate company alstria office REIT-AG commits to reduce absolute scope 1 and 3 GHG emissions 30% by 2030 from a 2018 base year. Alstria office REIT-AG also commits to continue annually sourcing 100% renewable electricity through 2030.

Company environmental metrics

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