Klepierre

Klépierre, a French real estate services company, has reported its carbon emissions and set ambitious climate commitments. In 2025, Klépierre's total carbon emissions are projected to be approximately 406.8 million kg CO2e. This includes Scope 1 emissions of about 8.29 million kg CO2e, Scope 2 market-based emissions of roughly 3.02 million kg CO2e, and Scope 3 emissions of approximately 397.2 million kg CO2e.

Looking at previous years, Klépierre's total emissions were about 378.1 million kg CO2e in 2024 and approximately 213.5 million kg CO2e in 2023. In 2022, total reported emissions for Scope 1, Scope 2 (market-based), and Scope 3 amounted to around 204.3 million kg CO2e (9.11 million kg CO2e for Scope 1, 5.07 million kg CO2e for Scope 2 market-based, and 190.11 million kg CO2e for Scope 3). The company's Scope 3 emissions in 2022 included approximately 35.5 million kg CO2e from capital goods, 0.58 million kg CO2e from business travel, 3.71 million kg CO2e from employee commuting, 93.71 million kg CO2e from downstream leased assets, 30.28 million kg CO2e from purchased goods and services, and 11.43 million kg CO2e from waste generated in operations. In 2021, Klépierre reported total emissions of around 993.8 million kg CO2e, with Scope 1 at 10.08 million kg CO2e, Scope 2 market-based at 8.81 million kg CO2e, and Scope 3 at 983.10 million kg CO2e.

Klépierre has committed to several reduction targets validated by the Science Based Targets initiative (SBTi). The company aims to achieve a 90% reduction in Scope 1 and Scope 2 carbon emissions by 2030, compared to 2017 intensity levels, equating to 2.1 kg CO2e/sq.m. This target aligns with the 1.5°C goal of the Paris Agreement. Additionally, Klépierre has set specific Scope 3 targets for 2030, including supporting retailers to achieve a 20% energy consumption reduction and reducing visitors' transport-related emissions to shopping centres by 40% (extended Scope 3). Klépierre also previously set an SBTi-approved target to reduce its Scope 1 and Scope 2 GHG emissions from centres by 80% per sq.m. between 2017 and 2030. The company has also set a target to achieve a net-zero carbon footprint for its entire European portfolio by 2030 for Scope 1 and 2 emissions.

In 2023, the intensity of Scope 1 and 2 emissions from building energy consumption was 3.4 kg CO₂/m², representing an 84% reduction compared to 2017 and a 17% reduction compared to 2022 (constant scope, market-based).