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.

27

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.

24

Industry Benchmark

Gazit Globe's score of 27 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

26%

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Gazit Globe's reported carbon emissions

In 2022, Gazit Globe reported total carbon emissions of approximately 22,838,000 kg CO2e, with Scope 1 emissions at about 1,178,000 kg CO2e and Scope 2 emissions at approximately 21,659,000 kg CO2e. This marked an increase from 2021, when total emissions were about 18,825,000 kg CO2e, with Scope 1 at approximately 1,745,000 kg CO2e and Scope 2 at around 17,080,000 kg CO2e. Gazit Globe has set ambitious climate commitments, aiming for carbon neutrality by 2030 through its subsidiary Citycon. The company has achieved a significant reduction in emissions, with a reported 74% decrease in Scope 1 and Scope 2 emissions from 2020 to 2022. Furthermore, it has committed to a 42% reduction in Scope 1 and Scope 2 emissions by 2030. The company has not disclosed Scope 3 emissions data, indicating a potential area for future focus. Gazit Globe's ongoing efforts reflect a proactive approach to addressing climate change and reducing its carbon footprint in line with industry standards.

Unlock detailed emissions data

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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 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. This request for Gazit Globe is in IL, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers