Vonovia SE

Common Name
Vonovia
Country
Germany
Sector
Real Estate
Industry
Real Estate Services
Employees
12,521
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 2024, 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 5 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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0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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a
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Vonovia’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 Vonovia’s data sources below and access millions more through our Disclosure Search.

a. Vonovia's Annual Report 2024
a. Vonovia's Annual Report 2024
b. Vonovia's ESG Data Spreadsheet 2024
b. Vonovia's ESG Data Spreadsheet 2024
c. Vonovia's Sustainability Report 2020
c. Vonovia's Sustainability Report 2020

Insights into Vonovia's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Vonovia amounted to 875,385 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 Vonovia decreased by 2.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Vonovia's Scope 1 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e+9%-18%-4%+17%-7%+6%
  • Total Scope 1
  • Year-over-Year Change

What are Vonovia's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Vonovia were 539,867 metric tons of CO₂ equivalent (tCO₂e). a

Has Vonovia reduced its Scope 1 emissions over time?

Since 2018, Vonovia's Scope 1 emissions have decreased by 1.12%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Vonovia's Scope 1 emissions increased by 6.24%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Vonovia's Scope 2 emissions?

In 2024, Vonovia reported Scope 2 greenhouse gas (GHG) emissions of 296,965 tCO₂e using the market-based method and 335,518 tCO₂e using the location-based method. a

Has Vonovia reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Vonovia's Scope 2 emissions (Location-Based) fell by 14.76% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Vonovia use for Scope 2 reporting?

In 2024, Vonovia reported its Scope 2 emissions using the market-based method and using the location-based method. a

Vonovia's Scope 2 Emissions Over Time

20182019202020212022202320240150 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 2024, Vonovia reported 1,054,582 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 Vonovia includes a breakdown across 5 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

Vonovia's Scope 3 Emissions Over Time

20182019202020212022202320240300 k600 k900 k1.2 MtCO2e+14%+4%+414%+33%-5%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Vonovia's Scope 3 emissions?

In 2024, Vonovia reported total Scope 3 emissions of 1,054,582 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 48.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 51.79% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Vonovia reduced its Scope 3 emissions over time?

Since 2018, Vonovia's Scope 3 emissions have increased by 742.04%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), Vonovia's Scope 3 emissions remained relatively stable, indicating that Vonovia 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Vonovia disclose?

In 2024, Vonovia reported emissions for 5 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 Vonovia's Scope 3 emissions?

In 2024, the largest contributors to Vonovia's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 497,568 tCO₂e (47.18%)
  • Fuel- and Energy-Related Services (Cat. 3): 205,634 tCO₂e (19.5%)
  • Purchased Goods and Services (Cat. 1): 170,748 tCO₂e (16.19%)

Vonovia's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(16.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(19.5%)Downstream LeasedAssets (Cat. 13)(47.2%)

Insights into Vonovia’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Vonovia reported Scope 1 greenhouse gas (GHG) emissions of 539,867 tCO₂e and total revenues of USD 6,180 millions. This translates into an emissions intensity of 87.35 tCO₂e per millions USD. a

Vonovia's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000200,0002,000,000Scope 1 Emissions (tCO2e)202001,0005,00050,000Revenues (Millions of USD)BKPDeutsche WohnenYear: 2021Scope 1: 94,194 tCO2eRevenue: $M 1,285Scope 1 Intensity: 73.33 tCO2e/$MInternational Workplace GroupYear: 2024Scope 1: 136,640 tCO2eRevenue: $M 2,743Scope 1 Intensity: 49.81 tCO2e/$MCellnex TelecomYear: 2023Scope 1: 3,016 tCO2eRevenue: $M 4,211Scope 1 Intensity: 0.72 tCO2e/$MInfrastrutture Wireless ItalianeYear: 2024Scope 1: 2,266 tCO2eRevenue: $M 1,078Scope 1 Intensity: 2.10 tCO2e/$MSwire PropertiesYear: 2024Scope 1: 9,039 tCO2eRevenue: $M 1,858Scope 1 Intensity: 4.87 tCO2e/$MSumitomo Realty & DevelopmentYear: 2022Scope 1: 44,000 tCO2eRevenue: $M 7,699Scope 1 Intensity: 5.72 tCO2e/$MCapitaland InvestmentYear: 2024Scope 1: 46,325 tCO2eRevenue: $M 2,065Scope 1 Intensity: 22.43 tCO2e/$MDeutsche EuroShopYear: 2023Scope 1: 4,756 tCO2eRevenue: $M 302Scope 1 Intensity: 15.72 tCO2e/$MBranicks GroupYear: 2023Scope 1: 269 tCO2eRevenue: $M 301Scope 1 Intensity: 0.89 tCO2e/$MHulicYear: 2024Scope 1: 13,869 tCO2eRevenue: $M 3,768Scope 1 Intensity: 3.68 tCO2e/$MBinjiang Service GroupYear: 2023Scope 1: 443 tCO2eRevenue: $M 432Scope 1 Intensity: 1.03 tCO2e/$MKe HoldingsYear: 2024Scope 1: 7,970 tCO2eRevenue: $M 13,948Scope 1 Intensity: 0.57 tCO2e/$MBBBig Shopping CentersYear: 2023Scope 1: 2,428 tCO2eRevenue: $M 648Scope 1 Intensity: 3.75 tCO2e/$MEPIC SuisseYear: 2024Scope 1: 2,091 tCO2eRevenue: $M 73Scope 1 Intensity: 28.62 tCO2e/$MNomura Real Estate HoldingsYear: 2023Scope 1: 24,000 tCO2eRevenue: $M 4,915Scope 1 Intensity: 4.88 tCO2e/$MKKKwg Living Group HoldingsYear: 2024Scope 1: 1,625 tCO2eRevenue: $M 536Scope 1 Intensity: 3.03 tCO2e/$MPPPoly Property ServicesYear: 2023Scope 1: 4,641 tCO2eRevenue: $M 2,318Scope 1 Intensity: 2.00 tCO2e/$MSavillsYear: 2023Scope 1: 1,907 tCO2eRevenue: $M 2,850Scope 1 Intensity: 0.67 tCO2e/$MCoStar GroupYear: 2024Scope 1: 5,710 tCO2eRevenue: $M 2,736Scope 1 Intensity: 2.09 tCO2e/$MEvergrande Property Services GroupYear: 2023Scope 1: 8,585 tCO2eRevenue: $M 1,918Scope 1 Intensity: 4.48 tCO2e/$MMobimo HoldingYear: 2024Scope 1: 2,802 tCO2eRevenue: $M 273Scope 1 Intensity: 10.25 tCO2e/$MMultiplan Empreendimentos ImobiliariosYear: 2023Scope 1: 3,749 tCO2eRevenue: $M 418Scope 1 Intensity: 8.96 tCO2e/$MLEG ImmobilienYear: 2024Scope 1: 234,416 tCO2eRevenue: $M 1,356Scope 1 Intensity: 172.84 tCO2e/$MVonoviaYear: 2024Scope 1: 539,867 tCO2eRevenue: $M 6,180Scope 1 Intensity: 87.35 tCO2e/$M

How does Vonovia's GHG emissions intensity compare to its peers?

In 2024, Vonovia reported a Scope 1 emissions intensity of 87.35 tCO₂e per millions USD. Compared to the peer group median of 4.48 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Vonovia rank on GHG emissions intensity within its industry?

In 2024, Vonovia ranked 23 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Vonovia among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Vonovia's Total Carbon Footprint

In 2024, Vonovia reported a total carbon footprint of 1,929,967 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.39% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Vonovia's total carbon footprint was Scope 3 emissions, accounting for 54.64% of the company's total carbon footprint, followed by Scope 1 emissions at 27.97%. a

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