Covivio SA
Covivio's GHG Emissions Data Preview
In 2024, Covivio 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 has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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aVerified Sources Behind Covivio’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’s data sources below and access millions more through our Disclosure Search.
Insights into Covivio's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Covivio amounted to 36,148 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 increased by 655.76%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
Covivio's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Covivio's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Covivio were 9,916 metric tons of CO₂ equivalent (tCO₂e). a
Has Covivio reduced its Scope 1 emissions over time?
Since 2020, Covivio's Scope 1 emissions have increased by 153.93%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Covivio's Scope 1 emissions increased by 459.91%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
What are Covivio's Scope 2 emissions?
In 2024, Covivio reported Scope 2 greenhouse gas (GHG) emissions of 14,065 tCO₂e using the market-based method and 26,232 tCO₂e using the location-based method. a
What methodology does Covivio use for Scope 2 reporting?
In 2024, Covivio reported its Scope 2 emissions using the market-based method and using the location-based method. a
Covivio's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Covivio's Value Chain Emissions
In 2024, Covivio reported 400,674 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 includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Covivio's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Covivio's Scope 3 emissions?
In 2024, Covivio reported total Scope 3 emissions of 400,674 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 64.28% of these emissions originated from upstream activities such as purchased goods and capital goods, while 35.72% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Covivio reduced its Scope 3 emissions over time?
Since 2020, Covivio's Scope 3 emissions have remained relatively stable, indicating that Covivio 's emissions have plateaued with no significant change in its value chain footprint. a c
Compared to the previous year (2023), Covivio's Scope 3 emissions increased by 11.42%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does Covivio disclose?
In 2024, Covivio reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Covivio's Scope 3 emissions?
In 2024, the largest contributors to Covivio's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 228,153 tCO₂e (56.94%)
- Downstream Leased Assets (Cat. 13): 133,782 tCO₂e (33.39%)
- Fuel- and Energy-Related Services (Cat. 3): 14,405 tCO₂e (3.6%)
Covivio's Scope 3 Emissions by Categories
Insights into Covivio’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Covivio reported Scope 1 greenhouse gas (GHG) emissions of 9,916 tCO₂e and total revenues of USD 1,327 millions. This translates into an emissions intensity of 7.47 tCO₂e per millions USD. a
Covivio's Scope 1 Emissions Intensity Compared to Peers
How does Covivio's GHG emissions intensity compare to its peers?
In 2024, Covivio reported a Scope 1 emissions intensity of 7.47 tCO₂e per millions USD. Compared to the peer group median of 6.9 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Covivio rank on GHG emissions intensity within its industry?
In 2024, Covivio ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Covivio is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Covivio's Total Carbon Footprint
In 2024, Covivio reported a total carbon footprint of 436,822 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.88% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Covivio's total carbon footprint was Scope 3 emissions, accounting for 91.72% of the company's total carbon footprint, followed by Scope 2 emissions at 6.01%. a