Public Profile

Gazit Globe

Gazit Globe Ltd., a prominent player in the global real estate industry, is headquartered in Israel (IL) and operates extensively across North America, Europe, and Israel. Founded in 1995, the company has established itself as a leader in the ownership, development, and management of retail and mixed-use properties. Gazit Globe is renowned for its innovative approach to urban real estate, focusing on creating vibrant community spaces that enhance the customer experience. With a diverse portfolio that includes shopping centres and commercial properties, Gazit Globe distinguishes itself through its commitment to sustainability and strategic location selection. The company has achieved significant milestones, including its listing on the Toronto Stock Exchange, solidifying its market position. Gazit Globe continues to drive growth and value in the real estate sector, making it a noteworthy entity in the industry.

DitchCarbon Score

How does Gazit Globe'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.

25

Industry Average

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.

2

Industry Benchmark

Gazit Globe's score of 25 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

14%

Gazit Globe's reported carbon emissions

In 2022, Gazit Globe reported total carbon emissions of approximately 22,838,000 kg CO2e. This figure includes 1,178,000 kg CO2e from Scope 1 emissions and 21,659,000 kg CO2e from Scope 2 emissions. The company has shown a trend of fluctuating emissions over the years, with a notable decrease from 31,122,000 kg CO2e in 2019 to 19,905,000 kg CO2e in 2020, and further to 18,825,000 kg CO2e in 2021. Despite these reductions, Gazit Globe has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its emissions across all scopes, including Scope 3, which accounted for 88,464 kg CO2e in 2017, although more recent data for Scope 3 emissions is not available. Gazit Globe's emissions intensity has varied, with reported figures such as 144.7 kg CO2e/m² in 2020 and 60,000 kg CO2e/m² in 2022, reflecting their ongoing efforts to manage and reduce their carbon footprint. The company operates within a global context where real estate and property management firms are increasingly held accountable for their environmental impact, making their emissions data and climate commitments critical for stakeholders.

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201720182019202020212022
Scope 1
2,499,000
000,000
000,000
000,000
0,000,000
0,000,000
Scope 2
74,234
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
88,464
00,000
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Gazit Globe's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Gazit Globe is headquartered in IL, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Gazit Globe is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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