Sirius Sirius Real Estate

Understanding and mitigating embodied carbon is an important part of our environmental strategy. Embodied carbon, which accounts for emissions generated during the extraction, processing, transportation, and installation of building materials, represents 14.7% of our overall carbon footprint.

Embodied carbon in total emissions: Germany

FY 2023/24

FY 2024/25

9,383.65

MtCO₂e

12,067.33

MtCO₂e

The increase in FY2024/25 reflects a higher volume of refurbishment activity and greater investment across our German portfolio. Some of this year’s emissions also relate to projects initiated in the previous financial year but captured in this year’s reporting, as we account for embodied carbon based on actual spend when the project is completed, rather than project start dates or on a pro rata basis.

These results highlight the importance of continuing to refine our modelling and assumptions. Next year, we aim to review and update our embodied carbon model to better reflect our current portfolio, material intensity and project types.

By leveraging the insights from the sample analysis of our German portfolio we can refine our approach to embodied carbon. This includes assessing material choices, improving project planning, and considering lower-carbon alternatives where feasible. The sample analysis also allows us to strengthen our emissions reporting and informs our engagement with our suppliers. We continue to engage with our providers of materials and services to enhance sustainability practices, including sustainable sourcing and, importantly, to minimise construction waste and improve circularity in our operations. ESG clauses are included in all contracts, and all new suppliers are required to sign agreements that reflect these standards. We are also working with our facilities management partners to explore opportunities for reducing the impact of technical equipment used across our sites.

All of these aspects contribute to enhancing operational efficiency and supporting our work to repurpose and refurbish the older buildings which make up a large portion of our portfolio.

Important

Please select your jurisdiction of residence:

Location

Please select the jurisdiction in which you are presently located:

Telephone

The international dialling code for my primary residence is:

Disclaimer – Important

Viewing the materials you seek to access may not be lawful in certain jurisdictions.  In other jurisdictions, only certain categories of person may be allowed to view such materials.  Any person who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so.

The information contained in this website, including any material you may hereafter access, does not constitute an offer of securities for sale in the United States or any other jurisdiction. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an exemption from registration.  No public offering or sale of securities in the United States is contemplated. The information contained in this website, including any material you may hereafter access, is not to be provided by you to any other person, in electronic form or otherwise, and is not to be accessed, published, copied, forwarded or otherwise disseminated in or into the United States.

If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

By proceeding, you agree to comply with the terms set out above and confirm that you are a resident of the country you identified earlier and you are accessing this website from within the country you identified earlier, and you additionally represent, warrant and agree that you are not accessing this website from within the United States.

No Access

Thank you for your interest.  Legal restrictions prevent us from allowing you further access to this website.

If you believe you are a resident of, and located in, a jurisdiction where viewing is permitted by law, and you can confirm that to us, please contact us.

Return Home