Federation Centres Sustainability Profile
Federation Centres, also known as Vicinity Centres, is a leading Australian retail property group headquartered in Melbourne, Australia. Established in 2014, the company has rapidly grown to become a significant player in the retail real estate industry, focusing on the ownership, development, and management of shopping centres across major operational regions in Australia. With a diverse portfolio that includes over 60 shopping centres, Federation Centres is renowned for its commitment to creating vibrant retail environments that enhance customer experiences. The company’s unique approach combines innovative design with a strong emphasis on sustainability, setting it apart in a competitive market. Notable achievements include a robust market position as one of the largest retail property groups in Australia, reflecting its dedication to excellence in the retail sector.
DitchCarbon Score
How does Federation Centres'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
Federation Centres's score of 32 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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Federation Centres, headquartered in Australia, currently does not have specific carbon emissions data available for the most recent year. The organisation's climate commitments and reduction initiatives are inherited from its parent company, Vicinity Centres, which operates at a cascade level of 1. While there are no documented reduction targets or specific emissions figures, Federation Centres aligns its climate strategy with Vicinity Centres' initiatives. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are crucial for setting and achieving meaningful climate goals. As a merged entity, Federation Centres is committed to enhancing its sustainability practices, although specific metrics and targets have not been disclosed. The organisation's climate strategy reflects a broader industry trend towards transparency and accountability in carbon emissions management.
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| 2016 | 2020 | 2021 | 2022 | 2023 | 2025 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,739,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 221,596,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Federation Centres's Industry?
How Carbon Intensive is Federation Centres's Location?
Federation Centres's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Federation Centres has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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