TAG Immobilien AG
TAG Immobilien's GHG Emissions Data Preview
In 2024, TAG Immobilien 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).
TAG Immobilien has also provided a category-level breakdown for 3 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 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Verified Sources Behind TAG Immobilien’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 TAG Immobilien’s data sources below and access millions more through our Disclosure Search.
Insights into TAG Immobilien's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of TAG Immobilien amounted to 177,580.5 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 TAG Immobilien increased by 0.67%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
TAG Immobilien's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are TAG Immobilien's Scope 1 emissions?
In 2024, the total Scope 1 emissions of TAG Immobilien were 57,833.2 metric tons of CO₂ equivalent (tCO₂e).a
Has TAG Immobilien reduced its Scope 1 emissions over time?
Since 2019, TAG Immobilien's Scope 1 emissions have increased by 98.71%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), TAG Immobilien's Scope 1 emissions decreased by 1.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are TAG Immobilien's Scope 2 emissions?
In 2024, TAG Immobilien reported Scope 2 greenhouse gas (GHG) emissions of 96,796.7 tCO₂e using the market-based method and 119,747.3 tCO₂e using the location-based method.a
Has TAG Immobilien reduced its Scope 2 emissions over time?
Since 2019, TAG Immobilien's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 235.78%, reflecting a rising long-term trend in Scope 2 emissions over time.ad
Compared to the previous year (2023), TAG Immobilien's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that TAG Immobilien's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does TAG Immobilien use for Scope 2 reporting?
In 2024, TAG Immobilien reported its Scope 2 emissions using the market-based method and using the location-based method.a
TAG Immobilien's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into TAG Immobilien's Value Chain Emissions
In 2024, TAG Immobilien reported 149,617.5 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 TAG Immobilien includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
TAG Immobilien's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are TAG Immobilien's Scope 3 emissions?
In 2024, TAG Immobilien reported total Scope 3 emissions of 149,617.5 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 37.87% of these emissions originated from upstream activities such as purchased goods and capital goods, while 62.13% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), TAG Immobilien's Scope 3 emissions increased by 62.79%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does TAG Immobilien disclose?
In 2024, TAG Immobilien reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of TAG Immobilien's Scope 3 emissions?
In 2024, the largest contributors to TAG Immobilien's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 92,964.3 tCO₂e (62.13%)
- Capital Goods (Cat. 2): 28,572.3 tCO₂e (19.1%)
- Purchased Goods and Services (Cat. 1): 28,080.9 tCO₂e (18.77%)
TAG Immobilien's Scope 3 Emissions by Categories
Insights into TAG Immobilien’s GHG Emissions Intensity Compared to Industry Peers
In 2024, TAG Immobilien reported Scope 1 greenhouse gas (GHG) emissions of 57,833.2 tCO₂e and total revenues of USD 1,127 millions. This translates into an emissions intensity of 51.32 tCO₂e per millions USD.a
TAG Immobilien's Scope 1 Emissions Intensity Compared to Peers
How does TAG Immobilien's GHG emissions intensity compare to its peers?
In 2024, TAG Immobilien reported a Scope 1 emissions intensity of 51.32 tCO₂e per millions USD. Compared to the peer group median of 3.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does TAG Immobilien rank on GHG emissions intensity within its industry?
In 2024, TAG Immobilien ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places TAG Immobilien among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into TAG Immobilien's Total Carbon Footprint
In 2024, TAG Immobilien reported a total carbon footprint of 327,198 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.95% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to TAG Immobilien's total carbon footprint was Scope 3 emissions, accounting for 45.73% of the company's total carbon footprint, followed by Scope 2 emissions at 36.6%.a