TAG Immobilien AG

Common Name
TAG Immobilien
Country
Germany
Sector
Real Estate
Industry
Real Estate - Diversified
Employees
1,440
Ticker
TEG
Exchange
XETRA
Description
TAG Immobilien AG is a prominent real estate company specializing in the acquisition, development, and management of residential properties. The primary function of TAG Immobilien AG is to provide qua...

TAG Immobilien's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2025
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2045
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into TAG Immobilien's Greenhouse Gas Emissions Pathways

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.

Does TAG Immobilien have a target to reduce the emissions from its operations?

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.

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.

As of 2021, TAG Immobilien is lagging behind on its operational emissions reduction target, having achieved 5.62% of the planned reduction.

TAG Immobilien's Operational (Scope 1+2) Emissions Pathway

2019202120252030204500.010.020.020.03Current (-4%)Target 2030 (-30%)Target 2045 (-78%)
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