- Replicable low-carbon innovations
a global challenge
The critical role of
the real estate industry
Icade sets ambitious
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.
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
1st year of the Strategic Plan and CSR commitments for 2019–2022. CSR priority: low carbon
Icade has unveiled its Purpose which makes climate-related issues central to how it does business.
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.
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
Icade has prioritised its commitment to low-carbon transition. In 2020, the Company has stepped up its efforts by adopting new, more ambitious measures towards a 1.5°C pathway.
For Icade, this environmentally responsible approach is designed to benefit its customers and involve its partners and employees.
Emissions from building construction.(scope 3)
Emissions from healthcare facilities construction.(scopes 1 & 2)
Emissions from offices construction.(scopes 1, 2 & 3)
0 tonnes of CO2
(no construction in 2020)
Emissions from energy consumption by healthcare facility operators.(scope 3)
Emissions from energy consumption by office tenants.(scopes 1, 2 & 3)
Emissions from energy consumption by buildings occupied by Icade employees in the Paris region.(scopes 1, 2 & 3)
Icade’s total emissions in 2020:
212644 tonnes of CO2
Improve building envelopes and opt for bioclimatic architecture
Use low-carbon, biosourced and
Install energy-efficient equipment
Tap renewable energy sources
This new branch dedicated to wood-based construction will rely on the expertise of some of the new companies from our start-up studio Urban Odyssey and will enable us to industrialize the low-carbon building.
home buyers involved
Icade has implemented a quality-assurance process for its customers that guarantees the expected energy performance of buildings through commissioning.
The Property Development Division has provided future buyers with a digital user guide that offers tips on improving the energy performance of their homes.
Retrofit building envelopes to improve their energy performance
Improve the performance of new healthcare facilities by having pilot projects obtain the E+C- label
Enhance the climate resilience of our buildings
It is aiming for HQE certification with an Excellent rating. The building features a bioclimatic design and its energy supply comes from district heating and cooling with 70% from wood sources.
healthcare facility operators involved
For its healthcare tenants, Icade is conducting studies to find ways to improve the energy performance of healthcare facilities and draw up a work plan accordingly.
At CSR & Innovation Committee meetings, Icade and its tenants co-develop action plans that promote innovation, patient and resident wellness as well as the environmental performance of the facilities.
Renovate buildings and install
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
This office building with a hybrid wood and concrete structure covers around 30,000 sq.m. It has obtained BBCA (low-carbon building) certification with an Excellent rating and the E+C- label with an E2C1 rating. The building is exemplary with 100% of its raised access flooring made from re-used materials.
office tenants involved
These committees are focused on educating tenants and helping them reduce their water and energy consumption and waste production.
Provide a wide range of sustainable transport solutions: electric shuttle buses, charging stations for electric vehicles, ride-sharing, bicycle parking areas, etc.
Feature efficient buildings
and use renewable energy
Reinforce the soft
Develop a digital sobriety strategy
its employees involved
Icade has provided a personal carbon footprint calculator, organised awareness-raising workshops and eco-friendly challenges and promoted soft mobility and digital sobriety.
Icade created its 1st Climate Fund aimed at taking concrete action. It makes it possible to fund carbon offset projects and low-carbon solutions that are innovative, sustainable and replicable. These solutions are designed to permanently change practices.
A carbon offset is a way to finance projects conducted by third parties whose activities reduce or sequester CO2 emissions in France and abroad (renewable energy, reforestation, waste management, etc.).
Icade uses offsetting as the last resort in its low carbon strategy after having reduced its emissions. The Company will solely use this mechanism to offset its operations already in line with a 1.5°C pathway and thus contribute to the country’s carbon neutrality. Emissions that have been offset are never deducted from our carbon footprint assessment.
Icade only chooses projects that meet stringent standards (VERRA, Gold Standard, French Low-Carbon Label) sourced from carefully screened partners. These projects to reduce carbon emissions or create carbon sinks have social and environmental benefits that go beyond low carbon.
Operating energy consumed by Office Property Investment buildings
29 765 tCO2 emitted
43 000 tCO2 expected
Operating energy consumed by Corporate buildings in the Paris region
191 tCO2 emitted
Emanating from Icade’s start-up studio Urban Odyssey, Stock CO2 is dedicated to carbon offsetting in France. It is the intermediary between companies seeking to offset their carbon footprint and managers of projects bearing the Low-Carbon label in France.
This subsidiary of Caisse des dépôts is a leading player in the French forestry and wood industry. It has positioned itself as a manager of forestry projects that aim to obtain the French Low-Carbon Label.