Icade SA

Common Name
Icade
Country
France
Sector
Real Estate
Industry
REIT - Diversified
Employees
1,187
Ticker
ICAD
Exchange
EURONEXT
Description
Icade S.A. is a prominent real estate investment company based in France, specializing in the development and management of commercial and healthcare properties. As an integrated real estate player, i...

Icade's GHG Emissions Data Preview

In 2024, Icade 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).

Icade 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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Unspecified Calculation Method
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Icade’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 Icade’s data sources below and access millions more through our Disclosure Search.

a. Icade's Sustainability Report 2024
a. Icade's Sustainability Report 2024
b. Icade's Universal Registration Document (URD) 2023
b. Icade's Universal Registration Document (URD) 2023

Insights into Icade's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Icade amounted to 3,718 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 Icade increased by 4.67%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Icade's Scope 1 Emissions Over Time

201920222023202401.5 k3 k4.5 k6 ktCO2e-89%-99%-60%
  • Total Scope 1
  • Year-over-Year Change

What are Icade's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Icade were 2 metric tons of CO₂ equivalent (tCO₂e). a

Has Icade reduced its Scope 1 emissions over time?

Since 2019, Icade's Scope 1 emissions have decreased by 99.95%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Icade's Scope 1 emissions decreased by 60%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Icade's Scope 2 emissions?

In 2024, Icade reported Scope 2 greenhouse gas (GHG) emissions of 2,081 tCO₂e using the market-based method and 3,716 tCO₂e using the location-based method. a

Has Icade reduced its Scope 2 emissions over time?

Since 2019, Icade's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 26.14%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Icade's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Icade 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Icade use for Scope 2 reporting?

In 2024, Icade reported its Scope 2 emissions using the market-based method and using the location-based method. a

Icade's Scope 2 Emissions Over Time

201920222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Icade's Value Chain Emissions

In 2024, Icade reported 351,267 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 Icade includes a breakdown across 9 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

Icade's Scope 3 Emissions Over Time

20192022202320240150 k300 k450 k600 ktCO2e-38%+31%-18%
  • Total Scope 3
  • Year-over-Year Change

What are Icade's Scope 3 emissions?

In 2024, Icade reported total Scope 3 emissions of 351,267 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 63.49% of these emissions originated from upstream activities such as purchased goods and capital goods, while 36.51% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Icade reduced its Scope 3 emissions over time?

Since 2019, Icade's Scope 3 emissions have decreased by 32.9%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Icade's Scope 3 emissions decreased by 17.66%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Icade disclose?

In 2024, Icade 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 Icade's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 177,948 tCO₂e (61.31%)
  • Use of Sold Products (Cat. 11): 58,074 tCO₂e (20.01%)
  • Investments (Cat. 15): 28,427 tCO₂e (9.79%)

Icade's Scope 3 Emissions by Categories

Investments(Cat. 15)(9.8%)Purchased Goods andServices (Cat. 1)(61.3%)Use of Sold Products(Cat. 11)(20.0%)

Insights into Icade’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Icade reported Scope 1 greenhouse gas (GHG) emissions of 2 tCO₂e and total revenues of USD 1,538 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD. a

Icade's Scope 1 Emissions Intensity Compared to Peers

2202005,00050,000Scope 1 Emissions (tCO2e)201005002,00010,000Revenues (Millions of USD)CAltareaYear: 2024Scope 1: 1,931 tCO2eRevenue: $M 2,820Scope 1 Intensity: 0.68 tCO2e/$MNexityYear: 2024Scope 1: 6,736 tCO2eRevenue: $M 3,468Scope 1 Intensity: 1.94 tCO2e/$MMori Hills Reit InvestmentYear: 2023Scope 1: 1,667 tCO2eRevenue: $M 159Scope 1 Intensity: 10.46 tCO2e/$MMitsui Fudosan Logistics ParkYear: 2022Scope 1: 15 tCO2eRevenue: $M 150Scope 1 Intensity: 0.10 tCO2e/$MSA Corporate Real EstateYear: 2023Scope 1: 1,676 tCO2eRevenue: $M 135Scope 1 Intensity: 12.38 tCO2e/$MRedefine PropertiesYear: 2023Scope 1: 20,937 tCO2eRevenue: $M 525Scope 1 Intensity: 39.88 tCO2e/$MCovivioYear: 2024Scope 1: 9,916 tCO2eRevenue: $M 1,327Scope 1 Intensity: 7.47 tCO2e/$MGrowthpoint PropertiesYear: 2023Scope 1: 18,487 tCO2eRevenue: $M 729Scope 1 Intensity: 25.37 tCO2e/$MEmpire State Realty TrustYear: 2023Scope 1: 3,178 tCO2eRevenue: $M 740Scope 1 Intensity: 4.30 tCO2e/$MActivia PropertiesYear: 2023Scope 1: 1,576 tCO2eRevenue: $M 237Scope 1 Intensity: 6.65 tCO2e/$MKlepierreYear: 2024Scope 1: 15,194 tCO2eRevenue: $M 1,565Scope 1 Intensity: 9.71 tCO2e/$MUnited Urban InvestmentYear: 2024Scope 1: 3,000 tCO2eRevenue: $M 358Scope 1 Intensity: 8.37 tCO2e/$MWP CareyYear: 2024Scope 1: 4,800 tCO2eRevenue: $M 1,583Scope 1 Intensity: 3.03 tCO2e/$MArganYear: 2024Scope 1: 65 tCO2eRevenue: $M 249Scope 1 Intensity: 0.26 tCO2e/$MParis Realty FundYear: 2024Scope 1: 42 tCO2eRevenue: $M 34Scope 1 Intensity: 1.23 tCO2e/$MFibra Uno Administracion SCYear: 2024Scope 1: 621 tCO2eRevenue: $M 1,355Scope 1 Intensity: 0.46 tCO2e/$MBritish Land CompanyYear: 2025Scope 1: 5,445 tCO2eRevenue: $M 587Scope 1 Intensity: 9.27 tCO2e/$MMirvac GroupYear: 2025Scope 1: 9,371 tCO2eRevenue: $M 1,609Scope 1 Intensity: 5.82 tCO2e/$MBurstone GroupYear: 2023Scope 1: 4,640 tCO2eRevenue: $M 82Scope 1 Intensity: 56.64 tCO2e/$MCCCapitaLand Ascott TrustYear: 2024Scope 1: 3,224 tCO2eRevenue: $M 594Scope 1 Intensity: 5.43 tCO2e/$MCharter Hall GroupYear: 2023Scope 1: 8,919 tCO2eRevenue: $M 523Scope 1 Intensity: 17.04 tCO2e/$MLand Securities GroupYear: 2025Scope 1: 10,330 tCO2eRevenue: $M 1,076Scope 1 Intensity: 9.60 tCO2e/$MDaiwa House REIT InvestmentYear: 2024Scope 1: 190 tCO2eRevenue: $M 427Scope 1 Intensity: 0.44 tCO2e/$MStockland CorporationYear: 2024Scope 1: 1,905 tCO2eRevenue: $M 1,994Scope 1 Intensity: 0.96 tCO2e/$MIcadeYear: 2024Scope 1: 2 tCO2eRevenue: $M 1,538Scope 1 Intensity: 0.00 tCO2e/$M

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

In 2024, Icade reported a Scope 1 emissions intensity of 0 tCO₂e per millions USD. Compared to the peer group median of 6.24 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Icade rank on GHG emissions intensity within its industry?

In 2024, Icade ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Icade among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Icade's Total Carbon Footprint

In 2024, Icade reported a total carbon footprint of 354,985 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.48% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Icade's total carbon footprint was Scope 3 emissions, accounting for 98.95% of the company's total carbon footprint, followed by Scope 2 emissions at 1.05%. a

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