As of 2022, TAG Immobilien has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into TAG Immobilien's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -10%a | 2025 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -30%a | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | -78%a | 2045 |
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As of 2022, TAG Immobilien has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
As of 2022, TAG Immobilien has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
TAG Immobilien's most ambitious operational target is to reduce these emissions by 78.06% by 2045, compared to a baseline of 0.032 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2019.a
As of 2021, TAG Immobilien is lagging behind on its operational emissions reduction target, having achieved 5.62% of the planned reduction.a