Covivio is a leading French real estate investment trust founded in 1998 as Batibail by Charles Ruggieri in Metz, France, and rebranded to reflect its pan-European strategy in 2018. As an investor, de... Covivio is a leading French real estate investment trust founded in 1998 as Batibail by Charles Ruggieri in Metz, France, and rebranded to reflect its pan-European strategy in 2018. As an investor, developer, manager, and service designer, Covivio owns, develops, and manages a diversified €23.6 billion portfolio (100% share) of high-quality offices, residential properties, and hotels situated in prime locations across major European cities, primarily in France, Germany, and Italy. The company focuses on creating integrated living, working, and hospitality spaces that address environmental, digital, and social challenges through innovative 'Smart building' initiatives and ambitious ESG commitments, including a €500 million EU Green Bond issuance in June 2025 and environmental certification for 98.6% of its assets. Covivio's portfolio breakdown emphasizes offices (around 50%), German residential (30%), and hotels (20%), with strategic asset optimizations like a €1.5 billion disposal plan completed in 2024 and ongoing investments enhancing value. Headquartered in Paris, it plays a pivotal role in shaping sustainable urban environments amid evolving market demands.
In 2024, Covivio was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Covivio has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Covivio are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Eligible A Turnover
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Non-Eligible B Turnover
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
4.1 CCM/CCA - Electricity generation using solar photovoltaic technology
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
0000000
7.1 CCM/CCA - Construction of new buildings
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
0000000
7.2 CCM/CCA - Renovation of existing buildings
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
0000000
7.7 CCM/CCA - Acquisition and ownership of buildings
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Eligible A Opex
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Non-Eligible B Opex
Copy/Paste is a PRO feature.
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Eligible A Capex
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Non-Eligible B Capex
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
7.2 CCM/CCA - Renovation of existing buildings
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
0000000
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
0000000
7.7 CCM/CCA - Acquisition and ownership of buildings
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
9.3 CCM - Professional services related to energy performance of buildings
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
Copy/Paste is a PRO feature.
0000000
Limited Data Preview
You are viewing a limited preview of Covivio’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2022.
Access Datasets, Disclosures, and Sources
pro
Remove manual data sourcing from your workflow. Subscribe to Tracenable Pro to get credits for accessing and exporting datasets and disclosures across 8,500+ companies with 10+ years of historical coverage.
Verified Sources Behind Covivio’s EU Taxonomy 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’s data sources below and access millions more through our Disclosure Search.
a. Covivio's Universal Registration Document (URD) 2024
b. Covivio's Universal Registration Document (URD) 2023
c. Covivio's Universal Registration Document (URD) 2022
Insights into Covivio's Revenues from Sustainable Activities
In 2024, Covivio reported EU Taxonomy-eligible revenues of EUR 1.31 billion, representing 98.9% of its total turnover. Of this amount, EUR 432.48 million of Covivio's revenues was classified as EU Taxonomy-aligned, indicating that 32.6% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Covivio's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Covivio's revenues become more sustainable over time?
Since 2022, Covivio's taxonomy-aligned revenues increased by 50.23%,reflecting a sustained upward trend in environmentally sustainable revenue generation.a, c
Compared to the previous year (2023), Covivio's taxonomy-aligned revenues increased by 34.71%,highlighting Covivio's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of Covivio's revenue is eligible under the EU Taxonomy?
In 2024, Covivio reported that EUR 1.31 billion of its revenue was eligible under the EU Taxonomy, representing 98.9% of the company's total turnover. Of this amount, EUR 432.48 million (32.6% of total revenue) was classified as Taxonomy-aligned. This means that 66.3% of Covivio's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Covivio's eligible revenue is aligned with the EU Taxonomy?
In 2024, Covivio reported that EUR 432.48 million of its revenue was aligned under the EU Taxonomy, representing 32.6% of its total turnover.a
This moderate level of alignment indicates that Covivio has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Covivio's Eligibility & Alignment Overview
Covivio's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Covivio's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Covivio reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 32.6%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Covivio earn from selling climate-related solutions ?
In 2024, Covivio reported that EUR 431.83 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 32.6% of the company's total revenue,indicating that Coviviohas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Covivio's CAPEX from Sustainable Activities
In 2024, Covivio reported EU Taxonomy-eligible CAPEX of EUR 611.48 million,representing 100% of its total CAPEX. Of this amount, EUR 511.22 million of Covivio's CAPEX was classified as EU Taxonomy-aligned, indicating that 83.6% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Covivio's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Covivio's increased its investment in sustainable activities over time?
Since 2022, Covivio's taxonomy-aligned capital expenditure (CAPEX)increased by 11.32%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Covivio's taxonomy-aligned CAPEX increased by 14.05%,highlighting Covivio's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Covivio's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Covivio reported that EUR 611.48 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 100% of the company's total CAPEX. Of this amount, EUR 511.22 million (83.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 16.4% of Covivio's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Covivio's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Covivio reported that EUR 511.22 million of its CAPEX was aligned under the EU Taxonomy, representing 83.6% of its total capital investment.a
This strong alignment suggests that Covivio is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Covivio's Eligibility & Alignment Overview
Covivio's Contribution to Environmental Objectives
How is Covivio's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Covivio reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Covivio is investing in climate-related solutions?
In 2024, Covivio allocated EUR 0 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total capital expenditure,indicating that Coviviohas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Covivio's OPEX from Sustainable Activities
In 2024, Covivio reported that 0% of its its total operating expenses (OPEX) was EU Taxonomy-eligible. Of this, 0% was classified as EU Taxonomy-aligned, indicating that these operating activities substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Want Full Access to Covivio's EU Taxonomy Dataset?
b
c
b
c
a
b
c
a
b
a
b
a
b
a
b
c
b
b
b
c
a
b
c
a
b
c
a
b
a
b
c