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 GHG Emissions Data Preview

In 2022, 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 2 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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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of TAG Immobilien amounted to 97,152 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).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of TAG Immobilien decreased by 6.86%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

TAG Immobilien's Scope 1 Emissions Over Time

20182019202020212022020 k40 k60 k80 ktCO2e-8%+141%-6%-7%
  • Total Scope 1
  • Year-over-Year Change

What are TAG Immobilien's Scope 1 emissions?

In 2022, the total Scope 1 emissions of TAG Immobilien were 61,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has TAG Immobilien reduced its Scope 1 emissions over time?

Since 2018, TAG Immobilien's Scope 1 emissions have increased by 94.51%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), TAG Immobilien's Scope 1 emissions decreased by 7.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are TAG Immobilien's Scope 2 emissions?

In 2022, TAG Immobilien reported Scope 2 greenhouse gas (GHG) emissions of 40,232 tCOâ‚‚e using the market-based method, and 35,952 tCOâ‚‚e using the location-based method.

Has TAG Immobilien reduced its Scope 2 emissions over time?

Compared to the previous year (2021), 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.

What methodology does TAG Immobilien use for Scope 2 reporting?

In 2022, TAG Immobilien reported its Scope 2 emissions using the market-based method and using the location-based method.

TAG Immobilien's Scope 2 Emissions Over Time

20182019202020212022015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into TAG Immobilien's Value Chain Emissions

In 2022, TAG Immobilien reported 2,062 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of TAG Immobilien includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.

TAG Immobilien's Scope 3 Emissions Over Time

20202021202205501.1 k1.65 k2.2 ktCO2e+53033%+29%
  • Total Scope 3
  • Year-over-Year Change

What are TAG Immobilien's Scope 3 emissions?

In 2022, TAG Immobilien reported total Scope 3 emissions of 2,062 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2021), TAG Immobilien's Scope 3 emissions increased by 29.36%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does TAG Immobilien disclose?

In 2022, TAG Immobilien reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2022, the largest contributors to TAG Immobilien's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,235 tCOâ‚‚e (59.89%)
  • Employee Commuting (Cat. 7): 827 tCOâ‚‚e (40.11%)

TAG Immobilien's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(59.9%)Employee Commuting(Cat. 7)(40.1%)

Insights into TAG Immobilien's Total Carbon Footprint

In 2022, TAG Immobilien reported a total carbon footprint of 99,214 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.31% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to TAG Immobilien's total carbon footprint was Scope 1 emissions, accounting for 61.68% of the company's total carbon footprint, followed by Scope 2 emissions at 36.24%.

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