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Varia US Properties AG

Common Name
Varia US Properties
Country
Switzerland
Sector
Real Estate
Industry
Real Estate Services
Employees
N/A
Ticker
VARN
Exchange
SIX SWISS EXCHANGE
Description
Varia US Properties AG is a real estate investment company based in Switzerland that specializes in acquiring, owning, repositioning, managing, and selling multifamily residential properties across th...

Varia US Properties's GHG Emissions Data Preview

In 2024, Varia US Properties 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).

Varia US Properties has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Varia US Properties’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2023, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Varia US Properties’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 Varia US Properties’s data sources below and access millions more through our Disclosure Search.

a. Varia US Properties's ESG Report 2024
a. Varia US Properties's ESG Report 2024

Insights into Varia US Properties's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Varia US Properties amounted to 5,645 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 Varia US Properties decreased by 19.74%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Varia US Properties's Scope 1 Emissions Over Time

2023202409001.8 k2.7 k3.6 ktCO2e-33%
  • Total Scope 1
  • Year-over-Year Change

What are Varia US Properties's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Varia US Properties were 2,308 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Varia US Properties's Scope 1 emissions decreased by 33.49%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Varia US Properties's Scope 2 emissions?

In 2024, Varia US Properties reported Scope 2 greenhouse gas (GHG) emissions of 3,337 tCO₂e using the location-based method.a

Has Varia US Properties reduced its Scope 2 emissions over time?

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

What methodology does Varia US Properties use for Scope 2 reporting?

In 2024, Varia US Properties reported its Scope 2 emissions using the location-based method.a

Varia US Properties's Scope 2 Emissions Over Time

2023202409001.8 k2.7 k3.6 ktCO2e
  • Total Scope 2 Location-Based

Insights into Varia US Properties's Value Chain Emissions

In 2024, Varia US Properties reported 59,853 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 Varia US Properties includes a breakdown across 7 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

Varia US Properties's Scope 3 Emissions Over Time

20232024020 k40 k60 k80 ktCO2e-11%
  • Total Scope 3
  • Year-over-Year Change

What are Varia US Properties's Scope 3 emissions?

In 2024, Varia US Properties reported total Scope 3 emissions of 59,853 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 59.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 40.26% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Varia US Properties's Scope 3 emissions decreased by 11.4%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Varia US Properties disclose?

In 2024, Varia US Properties reported emissions for 7 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 Varia US Properties's Scope 3 emissions?

In 2024, the largest contributors to Varia US Properties's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 25,962 tCO₂e (43.38%)
  • Downstream Leased Assets (Cat. 13): 24,096 tCO₂e (40.26%)
  • Waste Generated in Operations (Cat. 5): 6,965 tCO₂e (11.64%)

Varia US Properties's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(40.3%)Waste Generated inOperations (Cat. 5)(11.6%)Purchased Goods andServices (Cat. 1)(43.4%)

Insights into Varia US Properties’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Varia US Properties reported Scope 1 greenhouse gas (GHG) emissions of 2,308 tCO₂e and total revenues of USD 86 millions. This translates into an emissions intensity of 26.69 tCO₂e per millions USD.a

Varia US Properties's Scope 1 Emissions Intensity Compared to Peers

502,000100,0005,000,000Scope 1 Emissions (tCO2e)201005002,00020,000Revenues (Millions of USD)KPSVShimao Services HoldingsYear: 2023Scope 1: 21 tCO2eRevenue: $M 1,263Scope 1 Intensity: 0.02 tCO2e/$MPSP Swiss PropertyYear: 2024Scope 1: 5,753 tCO2eRevenue: $M 407Scope 1 Intensity: 14.15 tCO2e/$MLog Commercial PropertiesYear: 2023Scope 1: 12,865 tCO2eRevenue: $M 45Scope 1 Intensity: 283.43 tCO2e/$MInternational Workplace GroupYear: 2024Scope 1: 136,640 tCO2eRevenue: $M 2,743Scope 1 Intensity: 49.81 tCO2e/$MHEBA FastighetsYear: 2024Scope 1: 1 tCO2eRevenue: $M 51Scope 1 Intensity: 0.02 tCO2e/$MIntershop HoldingYear: 2024Scope 1: 3,926 tCO2eRevenue: $M 117Scope 1 Intensity: 33.52 tCO2e/$MFonciere IneaYear: 2023Scope 1: 4 tCO2eRevenue: $M 75Scope 1 Intensity: 0.05 tCO2e/$MNivika FastigheterYear: 2024Scope 1: 55 tCO2eRevenue: $M 66Scope 1 Intensity: 0.84 tCO2e/$MAllreal HoldingYear: 2024Scope 1: 4,000 tCO2eRevenue: $M 464Scope 1 Intensity: 8.62 tCO2e/$MEPIC SuisseYear: 2024Scope 1: 2,091 tCO2eRevenue: $M 73Scope 1 Intensity: 28.62 tCO2e/$MKKKwg Living Group HoldingsYear: 2024Scope 1: 1,625 tCO2eRevenue: $M 536Scope 1 Intensity: 3.03 tCO2e/$MPPPoly Property ServicesYear: 2024Scope 1: 7,532 tCO2eRevenue: $M 2,449Scope 1 Intensity: 3.08 tCO2e/$MSavillsYear: 2024Scope 1: 1,923 tCO2eRevenue: $M 3,017Scope 1 Intensity: 0.64 tCO2e/$MCoStar GroupYear: 2024Scope 1: 5,710 tCO2eRevenue: $M 2,736Scope 1 Intensity: 2.09 tCO2e/$MEvergrande Property Services GroupYear: 2024Scope 1: 1,199 tCO2eRevenue: $M 1,908Scope 1 Intensity: 0.63 tCO2e/$MMobimo HoldingYear: 2024Scope 1: 2,802 tCO2eRevenue: $M 273Scope 1 Intensity: 10.25 tCO2e/$MAditya Birla Real EstateYear: 2025Scope 1: 925,173 tCO2eRevenue: $M 141Scope 1 Intensity: 6,568.85 tCO2e/$MMultiplan Empreendimentos ImobiliariosYear: 2024Scope 1: 5,355 tCO2eRevenue: $M 412Scope 1 Intensity: 13.00 tCO2e/$MLEG ImmobilienYear: 2024Scope 1: 234,416 tCO2eRevenue: $M 1,356Scope 1 Intensity: 172.84 tCO2e/$MColliers International GroupYear: 2024Scope 1: 13,311 tCO2eRevenue: $M 6,664Scope 1 Intensity: 2.00 tCO2e/$MSSSCE Intelligent Commercial Management HoldingsYear: 2023Scope 1: 835 tCO2eRevenue: $M 192Scope 1 Intensity: 4.35 tCO2e/$MJeudanYear: 2024Scope 1: 87 tCO2eRevenue: $M 238Scope 1 Intensity: 0.36 tCO2e/$MVVVaria US PropertiesYear: 2024Scope 1: 2,308 tCO2eRevenue: $M 86Scope 1 Intensity: 26.69 tCO2e/$M

How does Varia US Properties's GHG emissions intensity compare to its peers?

In 2024, Varia US Properties reported a Scope 1 emissions intensity of 26.69 tCO₂e per millions USD. Compared to the peer group median of 3.72, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Varia US Properties rank on GHG emissions intensity within its industry?

In 2024, Varia US Properties ranked 17 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Varia US Properties is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Varia US Properties's Total Carbon Footprint

In 2024, Varia US Properties reported a total carbon footprint of 65,498 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.19% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Varia US Properties's total carbon footprint was Scope 3 emissions, accounting for 91.38% of the company's total carbon footprint, followed by Scope 2 emissions at 5.09%.a

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