Property Development
- Replicable low-carbon innovations
Responding to
a global challenge
The critical role of
the real estate industry
Icade sets strong
low-carbon goals
Keeping global temperatures from rising more than 2°C, with an ideal target of 1.5°C, as recommended by scientific experts and the 2015 Paris Agreement on climate change.
This industry is responsible for 25% of greenhouse gas emissions in France and therefore has an important role to play in achieving this objective.
The Company has made commitments aligned with a 1.5°C trajectory. To achieve them, it relies on a 2024-2030 investment plan of 145 million euros and also implements a policy to contribute to the development of carbon sinks in France.
Icade, a low-carbon pioneer
1st private office building to receive the HQE Construction certification in France
1st green leases and committees with tenants to address environmental issues
1st developer to obtain the E+C- label (positive energy and low carbon) for an office building
Icade has unveiled its Purpose which makes climate-related issues central to how it does business.
SBTi validates Icade's 1.5°C trajectory, according to the "Net Zero" Standard
The new Reshape 2024-2028 plan, which includes low-carbon one of its strategic priorities
Designing, Building, Managing and Investing in cities, neighbourhoods and buildings that are innovative, diverse, inclusive and connected with a reduced carbon footprint.
Desirable places to live and work.
This is our ambition. This is our goal.
This is our Purpose.
Why has Icade taken ambitious commitments
to mitigating climate change?
25%
of CO2 emissions
are produced by the real estate industry
in France
The real estate industry is a large producer of greenhouse gases and has, as a result, a major impact on climate change. In response to this issue, France has set an objective to reduce its emissions.
Objective for France’s
real estate industry:
-49%
reduction in CO2 emissions between 2015
and 2030 and carbon neutrality by 2050
In 2022, Icade is strengthening its approach by aligning itself with a 1.5°C trajectory, with a goal of net zero emissions by 2050 validated by the SBTi. Its climate and biodiversity strategy, defined by its Board of Directors, was the subject of a resolution at the 2022 and 2023 General Meetings, approved by more than 98%.
For Icade, this environmentally responsible approach is designed to benefit its customers and involve its partners and employees.
Measuring
our impact
our impact
Working on reducing
our carbon footprint
with our partners
our carbon footprint
with our partners
Contributing to the
development of carbon
sinks in France
development of carbon
sinks in France
1 Measuring
our impact
PROPERTY DEVELOPMENT
Emissions from building construction and their use for 50 years.
(scope 3)COMMERCIAL INVESTMENT
Emissions from buildings construction.
(scope 3)COMMERCIAL INVESTMENT
Emissions from energy consumption by tenants.
(scopes 1, 2 & 3)CORPORATE
Emissions from energy consumption by buildings occupied by Icade and the home-work and business trips of its employees.
(scopes 1, 2 & 3)89 %
6 %
4 %
1 %
Icade’s total emissions in 2023:
409674
tonnes
of
CO2
2 Working on reducing
our
carbon
footprint
with our partners
PROPERTY DEVELOPMENT
Improve building envelopes and opt for bioclimatic architecture
Use low-carbon, biosourced and
reused materials
Install energy-efficient equipment
Tap renewable energy sources
Low-carbon offers
Urbain des Bois, a subsidiary dedicated to low-carbon construction and launch of AfterWork, an offer dedicated to the redevelopment of tertiary assets.
Icade gets
home buyers involved
Guarantee energy performance
Icade has implemented a quality-assurance process for its customers that guarantees the expected energy performance of buildings through commissioning.
Raise awareness of eco-friendly practices
The Property Development Division has provided future buyers with a digital user guide that offers tips on improving the energy performance of their homes.
Reduce carbon intensity per sq.m by 60% between 2019 and 2030
Renovate buildings and install
energy-efficient equipment
Integrate low-carbon energy
sources
in buildings
Take energy and carbon
criteria into account when acquiring buildings and
for all new
builds
Enhance the climate resilience
of our buildings
Origine project
The 69,000 sq.m Origine office building in Nanterre represents a model of low-carbon architecture. This is the largest commercial program labeled E3C2. This building is also labeled BBCA Excellent, and certified BREEAM Outstanding and HQE Excellent. It has obtained many other labels and certifications attesting to its exceptional characteristics
Icade gets
office tenants involved
Develop environmental committees and implement the new Committed Climate lease
Environmental committees are bodies dedicated to raising tenants' awareness of reducing their energy, water and waste consumption. To go further, Icade offers its tenants a new generation contract, the Committed Climate lease, to support them in a partnership manner in reducing their greenhouse gas emissions, so that they contribute to carbon neutrality of French territory.
Improving the energy consumption of buildings
Provide a wide range of sustainable transport solutions: electric shuttle buses, charging stations for electric vehicles, ride-sharing, bicycle parking areas, etc.
Reduce our greenhouse gas emissions by 30% between 2019 and 2030
Feature efficient buildings
and use renewable energy
Reinforce the sustainable
mobility policy
Develop a digital sobriety strategy
Icade gets
its employees involved
Improving the energy consumption of buildings and accelerate sobriety actions
Icade makes its employees aware of saving energy in the buildings they occupy by offering awareness-raising workshops and encouraging digital sobriety.
Sustainable mobility
Icade reduces the carbon footprint of its fleet of company vehicles by excluding the most polluting models, and promotes the use of sustainable mobility for its employees.
