Klepierre Sustainability Profile
Klepierre, a leading player in the retail property sector, is headquartered in France and operates extensively across Europe. Founded in 1990, the company has established itself as a prominent owner and manager of shopping centres, focusing on enhancing the customer experience through innovative retail environments. With a portfolio that includes over 100 shopping centres in key markets, Klepierre is renowned for its commitment to sustainability and community engagement. The company’s unique approach combines retail, leisure, and dining, creating vibrant spaces that attract millions of visitors annually. Klepierre's strategic initiatives have positioned it as a market leader, recognised for its ability to adapt to evolving consumer trends and preferences. Through continuous investment in its properties and a focus on digital transformation, Klepierre remains at the forefront of the retail real estate industry.
DitchCarbon Score
How does Klepierre'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
Klepierre's score of 63 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Klepierre's reported carbon emissions
In 2024, Klépierre reported total carbon emissions of approximately 239,494,000 kg CO2e, with Scope 1 emissions at about 7,075,000 kg CO2e, Scope 2 emissions at approximately 3,167,000 kg CO2e, and a significant Scope 3 contribution of about 239,494,000 kg CO2e. This represents a notable increase from 2023, where total emissions were approximately 213,519,000 kg CO2e, with Scope 1 at about 6,525,000 kg CO2e and Scope 2 at approximately 3,338,000 kg CO2e. Klépierre has set ambitious climate commitments, aiming for a net-zero carbon footprint across its entire European portfolio by 2030. This target encompasses both Scope 1 and Scope 2 emissions. Additionally, the company has established a Science-Based Targets initiative (SBTi) approved goal to reduce its Scope 1 and 2 GHG emissions by 80% per square metre by 2030, using 2017 as the baseline year. For Scope 3 emissions, specifically for downstream leased assets, Klépierre aims for a 41% reduction per square metre by the same target year. In 2023, Klépierre achieved a significant reduction in emissions intensity, with Scope 1 and 2 emissions from energy consumption in buildings recorded at 3.4 kg CO2/m², marking an 84% reduction compared to 2017 levels. This demonstrates the company's commitment to sustainability and its proactive approach to addressing climate change challenges.
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| 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 19,496,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 65,557,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 330,506,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Klepierre's Industry?
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Klepierre's Scope 3 Categories Breakdown
Klepierre's Scope 3 emissions, which increased by 18% last year and decreased by approximately 28% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 46% of Scope 3 emissions.
Top Scope 3 Categories
Klepierre'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.
Klepierre has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Klepierre's sustainability data and climate commitments