Vonovia SE

Common Name
Vonovia
Country
Germany
Sector
Real Estate
Industry
Real Estate Services
Employees
12,306
Ticker
VNA
Exchange
XETRA
Description
Vonovia SE is a prominent real estate company that specializes in residential property management. It stands as one of the largest residential real estate corporations in Germany and Europe. The firm'...

Vonovia's GHG Emissions Data Preview

In 2023, Vonovia 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).

Vonovia has also provided a category-level breakdown for 4 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 Vonovia's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Vonovia amounted to 901,899 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 2022, the total operational greenhouse gas (GHG) emissions of Vonovia decreased by 6.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Vonovia's Scope 1 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e+9%-18%-4%+17%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Vonovia's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Vonovia were 508,284 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Vonovia reduced its Scope 1 emissions over time?

Since 2018, Vonovia's Scope 1 emissions have decreased by 6.9%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Vonovia's Scope 1 emissions decreased by 7.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Vonovia's Scope 2 emissions?

In 2023, Vonovia reported Scope 2 greenhouse gas (GHG) emissions of 321,259 tCOâ‚‚e using the market-based method, and 393,615 tCOâ‚‚e using the location-based method.

Has Vonovia reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Vonovia's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Vonovia 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Vonovia use for Scope 2 reporting?

In 2023, Vonovia reported its Scope 2 emissions using the market-based method and using the location-based method.

Vonovia's Scope 2 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Vonovia's Value Chain Emissions

In 2023, Vonovia reported 840,804 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 2023 disclosure of Vonovia includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Vonovia's Scope 3 Emissions Over Time

2018201920202021202220230250 k500 k750 k1 MtCO2e+14%+4%+235%+74%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Vonovia's Scope 3 emissions?

In 2023, Vonovia reported total Scope 3 emissions of 840,804 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 33.69% of these emissions originated from upstream activities such as purchased goods and capital goods, while 66.31% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Vonovia reduced its Scope 3 emissions over time?

Since 2018, Vonovia's Scope 3 emissions have increased by 571.35%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Vonovia's Scope 3 emissions remained relatively stable, indicating that Vonovia 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Vonovia disclose?

In 2023, Vonovia reported emissions for 4 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 Vonovia's Scope 3 emissions?

In 2023, the largest contributors to Vonovia's Scope 3 emissions were:

  • Downstream Leased Assets (Cat. 13): 557,549 tCOâ‚‚e (66.31%)
  • Fuel- and Energy-Related Services (Cat. 3): 210,026 tCOâ‚‚e (24.98%)
  • Capital Goods (Cat. 2): 72,361 tCOâ‚‚e (8.61%)

Vonovia's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(8.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(25.0%)Downstream LeasedAssets (Cat. 13)(66.3%)

Insights into Vonovia's Total Carbon Footprint

In 2023, Vonovia reported a total carbon footprint of 1,742,703 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.28% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Vonovia's total carbon footprint was Scope 3 emissions, accounting for 48.25% of the company's total carbon footprint, followed by Scope 1 emissions at 29.17%.

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