Covivio

Diversified REITs / Residential REITs
COV.PA
€ 42 (1.4)%
Share price
$ 4.6 bn
Market Cap
$ 4.6 bn
Enterprise Value

Carbon footprint

1 Ton
GHG emissions per $ 1 mln investment
0.03x the weighted average for S&P 500
FY2021
How is this calculated?
-5%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2021 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

Covivio's GHG emissions (market-based) (Kt of CO2e)

Covivio's carbon footprint

Covivio reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 4.7 Kt (-0.25 /-5% y-o-y).

Covivio's Scope 3 emissions increased to 44 Kt (+8.4/+24% y-o-y). The parameter has been fairly volatile.

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

Covivio also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Covivio commits to reduce absolute scope 1 and 2 GHG emissions 63% by 2030 from a 2015 base year. Covivio commits to reduce absolute scope 3 GHG emissions from purchased goods and services and downstream leased assets 37.5% by 2030 from a 2015 base year

Company environmental metrics

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