Covivio Hotels SCA

Common Name
Covivio Hotels
Country
France
Sector
Real Estate
Industry
REIT - Hotel & Motel
Employees
24
Ticker
COVH
Exchange
EURONEXT
Description
Covivio Hotels S.A. is a real estate investment trust (REIT) that specializes in the ownership and management of hotel properties across Europe. The primary function of Covivio Hotels is to invest in ...

Covivio Hotels's GHG Emissions Data Preview

In 2024, Covivio Hotels 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).

Covivio Hotels 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)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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0000000
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Verified Sources Behind Covivio Hotels’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Covivio Hotels’s data sources below and access millions more through our Disclosure Search.

a. Covivio Hotels's Universal Registration Document (URD) 2024
a. Covivio Hotels's Universal Registration Document (URD) 2024
b. Covivio Hotels's Universal Registration Document (URD) 2023
b. Covivio Hotels's Universal Registration Document (URD) 2023

Insights into Covivio Hotels's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Covivio Hotels amounted to 14,033 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 2023, the total operational greenhouse gas (GHG) emissions of Covivio Hotels increased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Covivio Hotels's Scope 1 Emissions Over Time

202401 k2 k3 k4 ktCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Covivio Hotels's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Covivio Hotels were 3,865 metric tons of CO₂ equivalent (tCO₂e). a

What are Covivio Hotels's Scope 2 emissions?

In 2024, Covivio Hotels reported Scope 2 greenhouse gas (GHG) emissions of 10,168 tCO₂e using the market-based method. a

What methodology does Covivio Hotels use for Scope 2 reporting?

In 2024, Covivio Hotels reported its Scope 2 emissions using the market-based method. a

Covivio Hotels's Scope 2 Emissions Over Time

202403 k6 k9 k12 ktCO2e
  • Total Scope 2 Market-Based

Insights into Covivio Hotels's Value Chain Emissions

In 2024, Covivio Hotels reported 23,116 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 2024 disclosure of Covivio Hotels includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Covivio Hotels's Scope 3 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e-1%-44%
  • Total Scope 3
  • Year-over-Year Change

What are Covivio Hotels's Scope 3 emissions?

In 2024, Covivio Hotels reported total Scope 3 emissions of 23,116 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

Has Covivio Hotels reduced its Scope 3 emissions over time?

Since 2022, Covivio Hotels's Scope 3 emissions have decreased by 44.74%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Covivio Hotels's Scope 3 emissions decreased by 44.33%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does Covivio Hotels disclose?

In 2024, Covivio Hotels 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.

What are the main sources of Covivio Hotels's Scope 3 emissions?

In 2024, the largest contributors to Covivio Hotels's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 23,116 tCO₂e (100%)

Covivio Hotels's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into Covivio Hotels’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Covivio Hotels reported Scope 1 greenhouse gas (GHG) emissions of 3,865 tCO₂e and total revenues of USD 609 millions. This translates into an emissions intensity of 6.34 tCO₂e per millions USD. a

Covivio Hotels's Scope 1 Emissions Intensity Compared to Peers

25050010,000200,000Scope 1 Emissions (tCO2e)201005002,00010,000Revenues (Millions of USD)Park Hotels & ResortsYear: 2023Scope 1: 59,383 tCO2eRevenue: $M 2,698Scope 1 Intensity: 22.01 tCO2e/$MAltareaYear: 2024Scope 1: 1,931 tCO2eRevenue: $M 2,820Scope 1 Intensity: 0.68 tCO2e/$MNexityYear: 2024Scope 1: 6,736 tCO2eRevenue: $M 3,468Scope 1 Intensity: 1.94 tCO2e/$MCovivioYear: 2024Scope 1: 9,916 tCO2eRevenue: $M 1,327Scope 1 Intensity: 7.47 tCO2e/$MKlepierreYear: 2024Scope 1: 15,194 tCO2eRevenue: $M 1,565Scope 1 Intensity: 9.71 tCO2e/$MIcadeYear: 2024Scope 1: 2 tCO2eRevenue: $M 1,538Scope 1 Intensity: 0.00 tCO2e/$MArganYear: 2024Scope 1: 65 tCO2eRevenue: $M 249Scope 1 Intensity: 0.26 tCO2e/$MAltareitYear: 2024Scope 1: 1,002 tCO2eRevenue: $M 2,541Scope 1 Intensity: 0.39 tCO2e/$MCarmilaYear: 2024Scope 1: 2,750 tCO2eRevenue: $M 528Scope 1 Intensity: 5.21 tCO2e/$MApple Hospitality REITYear: 2023Scope 1: 28,652 tCO2eRevenue: $M 1,344Scope 1 Intensity: 21.32 tCO2e/$MChatham Lodging TrustYear: 2023Scope 1: 6,208 tCO2eRevenue: $M 311Scope 1 Intensity: 19.96 tCO2e/$MParis Realty FundYear: 2024Scope 1: 42 tCO2eRevenue: $M 34Scope 1 Intensity: 1.23 tCO2e/$MFonciere IneaYear: 2023Scope 1: 4 tCO2eRevenue: $M 75Scope 1 Intensity: 0.05 tCO2e/$MUnibail-Rodamco-WestfieldYear: 2024Scope 1: 14,917 tCO2eRevenue: $M 3,388Scope 1 Intensity: 4.40 tCO2e/$MSociete de la Tour EiffelYear: 2024Scope 1: 3,044 tCO2eRevenue: $M 82Scope 1 Intensity: 37.02 tCO2e/$MVituraYear: 2023Scope 1: 376 tCO2eRevenue: $M 85Scope 1 Intensity: 4.43 tCO2e/$MSociete Fonciere LyonnaiseYear: 2024Scope 1: 205 tCO2eRevenue: $M 259Scope 1 Intensity: 0.79 tCO2e/$MHost Hotels & ResortsYear: 2024Scope 1: 92,608 tCO2eRevenue: $M 5,684Scope 1 Intensity: 16.29 tCO2e/$MInvincible InvestmentYear: 2024Scope 1: 14 tCO2eRevenue: $M 297Scope 1 Intensity: 0.05 tCO2e/$MXenia Hotels & ResortsYear: 2023Scope 1: 19,651 tCO2eRevenue: $M 1,025Scope 1 Intensity: 19.16 tCO2e/$MCovivio HotelsYear: 2024Scope 1: 3,865 tCO2eRevenue: $M 609Scope 1 Intensity: 6.34 tCO2e/$M

How does Covivio Hotels's GHG emissions intensity compare to its peers?

In 2024, Covivio Hotels reported a Scope 1 emissions intensity of 6.34 tCO₂e per millions USD. Compared to the peer group median of 4.42 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Covivio Hotels rank on GHG emissions intensity within its industry?

In 2024, Covivio Hotels ranked 13 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Covivio Hotels is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Covivio Hotels's Total Carbon Footprint

In 2024, Covivio Hotels reported a total carbon footprint of 37,149 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.54% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Covivio Hotels's total carbon footprint was Scope 3 emissions, accounting for 62.23% of the company's total carbon footprint, followed by Scope 2 emissions at 27.37%. a

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