Ambitious strategy to fight climate change
In 2017-2018, Covivio verified that its 2030 European carbon trajectory was compatible with that of the Paris Agreement of December 2015. Created with the French Scientific and Technical Centre for the Construction Industry (CSTB), and based on a firm scientific footing, this trajectory involves Covivio’s different products in Europe (offices, hotels, residential) and was approved by the SBT (Science-Based Targets) initiative in 2018.
In 2021, Covivio has decided to raise its carbon ambitions to align itself with a 1.5°C trajectory and aim for a “Net Zero Carbon” (Scopes 1 and 2) and Well-below 2°C (Scope 3 including construction / renovation).
See the Press release
Aware of the climate imperative and thanks to its experience in this area, Covivio is currently working on revising its objectives and continuing to experiment on its portfolio to remain a pioneer in low-carbon construction. In 2020, the Group also continued its alignment with the recommendations of the TCFD (Task Force on Climate-Related Financial Disclosures) and mandated several organizations to carry out resilience studies in order to determine the potential impacts of climate change on its assets.
Covivio is also a pioneer in Building Information Modelling (BIM). In addition to the improvement in the operational management of properties, this tool promotes the circular economyby organizing the traceability of materials so they may be reused.
Several Covivio operations are benefiting or will be benefiting from this innovative technology: Hélios building (Thales) in Velizy-Villacoublay received a “Golden BIM” award in 2016.
Group carbon trajectory (Scopes 1, 2, 3)
in carbon intensity (kgCO2e/m²/year)