In 2023, Activia Properties completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Activia Properties has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,576a | 1,710a | 1,699a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 4,987a | 10,887a | 13,551a | |
Total Scope 3 | 14,183a | 18,917a | 25,932a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.6539a | 7.4865a | 6.3683a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Activia Properties amounted to 6,563 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Activia Properties decreased by 47.9%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Activia Properties were 1,576 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Activia Properties's Scope 1 emissions have increased by 7.58%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Activia Properties's Scope 1 emissions decreased by 7.84%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Activia Properties reported Scope 2 greenhouse gas (GHG) emissions of 4,987 tCO₂e without specifying the calculation method.a
Since 2020, Activia Properties's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 72.35%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Activia Properties's Scope 2 emissions (Unspecified Calculation Method) fell by 54.19% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, Activia Properties reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Activia Properties reported 14,183 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Activia Properties includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Activia Properties reported total Scope 3 emissions of 14,183 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Activia Properties's Scope 3 emissions have decreased by 33.04%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), Activia Properties's Scope 3 emissions decreased by 25.03%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Activia Properties reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2023, the largest contributors to Activia Properties's Scope 3 emissions were:a
In 2023, Activia Properties reported Scope 1 greenhouse gas (GHG) emissions of 1,576 tCO₂e and total revenues of USD 237 millions. This translates into an emissions intensity of 6.65 tCO₂e per millions USD.a
In 2023, Activia Properties reported a Scope 1 emissions intensity of 6.65 tCO₂e per millions USD. Compared to the peer group median of 4.67, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Activia Properties ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Activia Properties is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Activia Properties reported a total carbon footprint of 20,746 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.17% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Activia Properties's total carbon footprint was Scope 3 emissions, accounting for 68.36% of the company's total carbon footprint, followed by Scope 2 emissions at 24.04%.a