DEMIRE Deutsche Mittelstand Real Estate AG, headquartered in Germany, is a prominent player in the real estate investment sector, focusing on the acquisition and management of commercial properties. Founded in 2006, the company has established a strong presence in key operational regions across Germany, particularly in metropolitan areas. Specialising in office and retail properties, DEMIRE distinguishes itself through its commitment to the German mid-market segment, offering tailored solutions that meet the unique needs of its clients. The company has achieved significant milestones, including a successful IPO and a robust portfolio that underscores its market position. With a strategic focus on sustainable growth and value creation, DEMIRE continues to enhance its reputation as a reliable partner in the real estate industry, making it a noteworthy entity in the German property market.
How does DEMIRE Deutsche Mittelstand Real Estate AG's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
DEMIRE Deutsche Mittelstand Real Estate AG's score of 35 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, DEMIRE Deutsche Mittelstand Real Estate AG reported total carbon emissions of approximately 59,500 kg CO2e. This figure includes 22,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 22,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions totalled about 22,400 kg CO2e, primarily from purchased goods and services. Comparatively, in 2022, the company recorded total emissions of approximately 97,400 kg CO2e, with Scope 1 emissions at 5,767,000 kg CO2e and Scope 2 emissions at 18,497,000 kg CO2e. The significant reduction in total emissions from 2022 to 2023 indicates a positive trend in their climate performance. Despite these reductions, DEMIRE has not set specific reduction targets or initiatives as part of their climate commitments, nor do they appear to be part of any formal climate pledges or initiatives such as the Science Based Targets initiative (SBTi). The emissions data is cascaded from the parent company, reflecting the performance of DEMIRE Deutsche Mittelstand Real Estate AG as a current subsidiary. Overall, while DEMIRE has made strides in reducing its carbon footprint, further commitments and structured reduction targets could enhance its sustainability profile in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 524,000 | 0,000,000 | 0,000,000 | 00,000 |
Scope 2 | 213,000 | 00,000,000 | 00,000,000 | 00,000 |
Scope 3 | 312,000 | 00,000 | 00,000 | 00,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
DEMIRE Deutsche Mittelstand Real Estate AG is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.