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.
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.
Industry Benchmark
Gazit Globe's score of 25 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gazit Globe's reported carbon emissions
In 2022, Gazit Globe reported a greenhouse gas intensity of approximately 60,000 kg CO2e per square metre, reflecting its ongoing commitment to sustainability. The company has not disclosed specific total emissions figures for Scope 1, 2, or 3 for this year. However, in 2020, Gazit Globe's total emissions from Scope 1 and 2 amounted to about 25,697,000 kg CO2e, with Scope 1 emissions at approximately 344,970 kg CO2e and Scope 2 emissions at about 25,353,000 kg CO2e. Gazit Globe's subsidiary, Citycon, has made significant strides in reducing emissions, achieving a 74% reduction in Scope 1 and 2 emissions from 2020 to 2022. The company has set ambitious targets to further reduce Scope 1 and 2 emissions by 42% by 2030. Additionally, Citycon aims for carbon neutrality by 2030, focusing on Scope 3 emissions as part of its broader climate commitments. The data presented is not cascaded from any parent organization, and all figures are derived directly from Gazit Globe's disclosures. The company continues to prioritise sustainability and climate action within its operational framework.
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| 2020 | |
|---|---|
| Scope 1 | 344,970 |
| Scope 2 | 25,353,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions 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 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.
